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Daily Newsletter Agri Commodity
      Newsletter-Agri
06/05/2011




                       www.capitalheight.com
info@capitalheight.com
                                                                            Phone- (0731)4295950



                       MARKET WRAP
        Turmeric tumbles on rising supply & poor demand

        Jeera weakens on arrival pressure

        Pepper weakens on subdued demand

        Soy oil falls on poor demand

        Guar down on profit taking

        Mentha oil plunges on subdued demand

        Cardamom up on short covering

        Chana drops on higher arrivals


Reduced demand of Turmeric is expected to pressurize the prices. However, stable

arrivals at spot might limit the sharp losses. Jeera futures are expected to extend the

bearish trend in coming week on strong selling pressure. Rising arrivals at spot market

might pressurize the prices. Investors in US and other countries are in waiting for fall in

Pepper prices where they can get entry; however, there is no such scenario is expected

to be seen as overall world availability is limited. Sluggish demand for oil in local market

because of summer season is another bearish factor for the market. Indian market is

likely to move in line with weak overseas market. Guar seed and guar gum futures

might continue the positive trend during the week ahead. In the current crop season,

export demand is the only factor which drives prices higher despite bumper crop.

Arrivals of Chana are expected to be in full momentum during this month which would

create good buying level at the physical markets.


                                                                              www.capitalheight.com
                                                                         capitalheight.wordpress.com
info@capitalheight.com
                                                               Phone- (0731)4295950



                        TECH
                         ECHNICAL VIEW
     CARDAMOM (MAY)                           CHANA (MAY
                                                     MAY)

  Trend        • Bearish           Trend         • Consolidate
               • Sell on highs    Strategy       • Buy on dips
Strategy
               • R2 - 990                        • R2 - 2405
Resistance                       Resistance
               • R1 - 970                        • R1 - 2380
               • S1 - 930                        • S1 - 2315
 Support                          Support
               • S2 - 910                        • S2 - 2290


      GUARGUM (MAY)                     GUARSEED (MAY
                                                  MAY)

  Trend        • Bullish           Trend         • Bullish
Strategy       • Buy on dips                     • Buy on dips
                                  Strategy
               • R2 - 9500                       • R2 - 3250
Resistance                       Resistance
               • R1 - 9350                       • R1 - 3215
               • S1 - 9050                       • S1 - 3130
 Support                          Support
               • S2 - 8900                       • S2 - 3060


           JEERA (MAY)                MENTHA OIL (APR
                                                  APR)

  Trend        • Consolidate      Trend          • Bearish
Strategy       • Sell on highs   Strategy        • Sell on highs
               • R2 - 15300                      • R2 - 1018
Resistance                       Resistance
               • R1 - 15000                      • R1 - 1000
               • S1 - 14400                      • S1 - 970
 Support                          Support
               • S2 - 14050                      • S2 - 950


           PEPPER (MAY)            REFINED SOY OIL (MAY
                                                    MAY)

  Trend        • Consolidate       Trend         • Consolidate
Strategy       • Sell on highs   Strategy        • Sell on highs
               • R2 - 29350                      • R2 - 625
Resistance                       Resistance
               • R1 - 28700                      • R1 - 620
               • S1 - 27500                      • S1 - 605
 Support                          Support
               • S2 - 26900                      • S2 - 600


                                                              www.capitalheight.com
                                                         capitalheight.wordpress.com
info@capitalheight.com
                                                                                                           Phone- (0731)4295950



         SOYABEAN (MAY)
                      )                                                             TURMERIC (MAY
                                                                                              MAY)

    Trend              • Bearish                                             Trend             • Bearish
  Strategy             • Sell on highs                                     Strategy            • Sell on highs
                       • R2 - 2385                                                             • R2 - 8650
 Resistance                                                                Resistance
                       • R1 - 2355                                                             • R1 - 8500
                       • S1 - 2300                                                             • S1 - 8200
   Support                                                                  Support
                       • S2 - 2275                                                             • S2 - 8050




Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui
                                                                                                                          suits
them the most.

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
                                                                                information
analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment decision. The report does not
                                                                                investment
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
                            made
particular investments and strategies, and encourages investors to seek the advice of a financial advis Capitalheight shall
                                                                                                  adviser.
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
                                                                                                                         rules
and regulations of MCX and NCDEX.

The metals price projections shown are not necessarily indicative of future price performance. The information herein,
                                                                        future
together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyo
                                                                                                                      anyone
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved.

Investment in Commodity and equity market has its own risks.

We, however, do not vouch for the accuracy or the comple completeness thereof. we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not
purport to be an invitation or an offer to buy or sell any financial i
                                                                     instrument. Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Seriou Legal Actions can be taken.
                                                                   Serious




                                                                                                            www.capitalheight.com
                                                                                                       capitalheight.wordpress.com

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Agri commodity tips

  • 1. Daily Newsletter Agri Commodity Newsletter-Agri 06/05/2011 www.capitalheight.com
  • 2. info@capitalheight.com Phone- (0731)4295950 MARKET WRAP Turmeric tumbles on rising supply & poor demand Jeera weakens on arrival pressure Pepper weakens on subdued demand Soy oil falls on poor demand Guar down on profit taking Mentha oil plunges on subdued demand Cardamom up on short covering Chana drops on higher arrivals Reduced demand of Turmeric is expected to pressurize the prices. However, stable arrivals at spot might limit the sharp losses. Jeera futures are expected to extend the bearish trend in coming week on strong selling pressure. Rising arrivals at spot market might pressurize the prices. Investors in US and other countries are in waiting for fall in Pepper prices where they can get entry; however, there is no such scenario is expected to be seen as overall world availability is limited. Sluggish demand for oil in local market because of summer season is another bearish factor for the market. Indian market is likely to move in line with weak overseas market. Guar seed and guar gum futures might continue the positive trend during the week ahead. In the current crop season, export demand is the only factor which drives prices higher despite bumper crop. Arrivals of Chana are expected to be in full momentum during this month which would create good buying level at the physical markets. www.capitalheight.com capitalheight.wordpress.com
  • 3. info@capitalheight.com Phone- (0731)4295950 TECH ECHNICAL VIEW CARDAMOM (MAY) CHANA (MAY MAY) Trend • Bearish Trend • Consolidate • Sell on highs Strategy • Buy on dips Strategy • R2 - 990 • R2 - 2405 Resistance Resistance • R1 - 970 • R1 - 2380 • S1 - 930 • S1 - 2315 Support Support • S2 - 910 • S2 - 2290 GUARGUM (MAY) GUARSEED (MAY MAY) Trend • Bullish Trend • Bullish Strategy • Buy on dips • Buy on dips Strategy • R2 - 9500 • R2 - 3250 Resistance Resistance • R1 - 9350 • R1 - 3215 • S1 - 9050 • S1 - 3130 Support Support • S2 - 8900 • S2 - 3060 JEERA (MAY) MENTHA OIL (APR APR) Trend • Consolidate Trend • Bearish Strategy • Sell on highs Strategy • Sell on highs • R2 - 15300 • R2 - 1018 Resistance Resistance • R1 - 15000 • R1 - 1000 • S1 - 14400 • S1 - 970 Support Support • S2 - 14050 • S2 - 950 PEPPER (MAY) REFINED SOY OIL (MAY MAY) Trend • Consolidate Trend • Consolidate Strategy • Sell on highs Strategy • Sell on highs • R2 - 29350 • R2 - 625 Resistance Resistance • R1 - 28700 • R1 - 620 • S1 - 27500 • S1 - 605 Support Support • S2 - 26900 • S2 - 600 www.capitalheight.com capitalheight.wordpress.com
  • 4. info@capitalheight.com Phone- (0731)4295950 SOYABEAN (MAY) ) TURMERIC (MAY MAY) Trend • Bearish Trend • Bearish Strategy • Sell on highs Strategy • Sell on highs • R2 - 2385 • R2 - 8650 Resistance Resistance • R1 - 2355 • R1 - 8500 • S1 - 2300 • S1 - 8200 Support Support • S2 - 2275 • S2 - 8050 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on information analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not investment provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate made particular investments and strategies, and encourages investors to seek the advice of a financial advis Capitalheight shall adviser. not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule rules and regulations of MCX and NCDEX. The metals price projections shown are not necessarily indicative of future price performance. The information herein, future together with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyo anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the comple completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not purport to be an invitation or an offer to buy or sell any financial i instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Seriou Legal Actions can be taken. Serious www.capitalheight.com capitalheight.wordpress.com