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Daily Newsletter Agri Commodity
      Newsletter-Agri
18/05/2011




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



                      MARKET WRAP
        Chana up on miller’s demand

        Jeera up on bargain buying

        Pepper drops on profit booking

        Soybean, Soy oil edge up on global cues

        Guar hits contract high

        Mentha oil weakens on profit booking

        Cardamom plunges on fresh arrivals

        Turmeric plunges on arrival pressure


Turmeric price trend in the short term are likely to depend on the arrivals and demand

from the overseas and domestic buyers. The Jeera futures are forecast to trade on a

weaker note on extended selling pressure backed by bearish fundamental factors.

Sluggish demand for the produce in the spot market from traders and exporters is likely

to weigh on the market. Traders and investors are likely to buy Pepper futures on

expectation of robust global demand. Tightening world supply of pepper is likely to

render support to the market. Oilseed complex are expected to trade slightly higher on

account of firm overseas market and lower existing carry-over stock of soybean and

declining arrivals due to off season. Robust demand for guar gum in international

market is likely to render support to the gum futures. Declining stock level might also

render support for the gum futures. The chana futures are projected to resume its

uptrend on emergence of fresh buying supported by strong fundamental factors.


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



                        TECHNICAL VIEW
     CARDAMOM (JUNE)                          CHANA (JUNE
                                                     JUNE)

  Trend        • Consolidate       Trend          • Consolidate
               • Sell on highs    Strategy        • Buy on dips
Strategy
               • R2 - 975                         • R2 - 2560
Resistance                       Resistance
               • R1 - 960                         • R1 - 2530
               • S1 - 930                         • S1 - 2475
 Support                          Support
               • S2 - 915                         • S2 - 2440


      GUARGUM (JUNE)                   GUARSEED (JUNE
                                                 JUNE)

  Trend        • Bullish           Trend          • Consolidate
Strategy       • Buy on dips                      • Buy on dips
                                  Strategy
               • R2 - 10600                       • R2 - 3350
Resistance                       Resistance
               • R1 - 10400                       • R1 - 3310
               • S1 - 9900                        • S1 - 3245
 Support                          Support
               • S2 - 9680                        • S2 - 3200


           JEERA (JUNE)               MENTHA OIL (JUNE
                                                  JUNE)

  Trend        • Consolidate      Trend          • Bearish
Strategy       • Sell on highs   Strategy        • Sell on highs
               • R2 - 15700                      • R2 - 915
Resistance                       Resistance
               • R1 - 15500                      • R1 - 905
               • S1 - 15050                      • S1 - 875
 Support                          Support
               • S2 - 14850                      • S2 - 860


           PEPPER (JUNE)           REFINED SOY OIL (JUNE
                                                    JUNE)

  Trend        • Consolidate       Trend          • Consolidate
Strategy       • Buy on dips     Strategy         • Buy on dips
               • R2 - 30600                       • R2 - 640
Resistance                       Resistance
               • R1 - 30300                       • R1 - 635
               • S1 - 29300                       • S1 - 625
 Support                          Support
               • S2 - 29000                       • S2 - 620


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



         SOYABEAN (JUNE)
                       )                                                             TURMERIC (JUNE
                                                                                               JUNE)

    Trend              • Consolidate                                         Trend             • Consolidate
  Strategy             • Sell on highs                                     Strategy            • Sell on highs
                       • R2 - 2450                                                             • R2 - 8550
 Resistance                                                                Resistance
                       • R1 - 2415                                                             • R1 - 8400
                       • S1 - 2340                                                             • S1 - 8150
   Support                                                                  Support
                       • S2 - 2320                                                             • S2 - 8000




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 suits
them the most.

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

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

The information given herein should be treated as only factor, while making investment decision. The report does not
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 adviser. Capitalheight shall
                 ments
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,
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 anyon
                                                                                                                      anyone
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
  n

All Rights Reserved.

Investment in Commodity and equity market has its own risks.

We, however, do not vouch for the accuracy or the 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 instrum
                                                                     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 Serious Lega Actions can be taken.
                                                                           Legal




                                                                                                            www.capitalheight.com
                                                                                                       capitalheight.wordpress.com

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Agri commodity tips

  • 1. Daily Newsletter Agri Commodity Newsletter-Agri 18/05/2011 www.capitalheight.com
  • 2. info@capitalheight.com Phone- (0731)4295950 MARKET WRAP Chana up on miller’s demand Jeera up on bargain buying Pepper drops on profit booking Soybean, Soy oil edge up on global cues Guar hits contract high Mentha oil weakens on profit booking Cardamom plunges on fresh arrivals Turmeric plunges on arrival pressure Turmeric price trend in the short term are likely to depend on the arrivals and demand from the overseas and domestic buyers. The Jeera futures are forecast to trade on a weaker note on extended selling pressure backed by bearish fundamental factors. Sluggish demand for the produce in the spot market from traders and exporters is likely to weigh on the market. Traders and investors are likely to buy Pepper futures on expectation of robust global demand. Tightening world supply of pepper is likely to render support to the market. Oilseed complex are expected to trade slightly higher on account of firm overseas market and lower existing carry-over stock of soybean and declining arrivals due to off season. Robust demand for guar gum in international market is likely to render support to the gum futures. Declining stock level might also render support for the gum futures. The chana futures are projected to resume its uptrend on emergence of fresh buying supported by strong fundamental factors. www.capitalheight.com capitalheight.wordpress.com
  • 3. info@capitalheight.com Phone- (0731)4295950 TECHNICAL VIEW CARDAMOM (JUNE) CHANA (JUNE JUNE) Trend • Consolidate Trend • Consolidate • Sell on highs Strategy • Buy on dips Strategy • R2 - 975 • R2 - 2560 Resistance Resistance • R1 - 960 • R1 - 2530 • S1 - 930 • S1 - 2475 Support Support • S2 - 915 • S2 - 2440 GUARGUM (JUNE) GUARSEED (JUNE JUNE) Trend • Bullish Trend • Consolidate Strategy • Buy on dips • Buy on dips Strategy • R2 - 10600 • R2 - 3350 Resistance Resistance • R1 - 10400 • R1 - 3310 • S1 - 9900 • S1 - 3245 Support Support • S2 - 9680 • S2 - 3200 JEERA (JUNE) MENTHA OIL (JUNE JUNE) Trend • Consolidate Trend • Bearish Strategy • Sell on highs Strategy • Sell on highs • R2 - 15700 • R2 - 915 Resistance Resistance • R1 - 15500 • R1 - 905 • S1 - 15050 • S1 - 875 Support Support • S2 - 14850 • S2 - 860 PEPPER (JUNE) REFINED SOY OIL (JUNE JUNE) Trend • Consolidate Trend • Consolidate Strategy • Buy on dips Strategy • Buy on dips • R2 - 30600 • R2 - 640 Resistance Resistance • R1 - 30300 • R1 - 635 • S1 - 29300 • S1 - 625 Support Support • S2 - 29000 • S2 - 620 www.capitalheight.com capitalheight.wordpress.com
  • 4. info@capitalheight.com Phone- (0731)4295950 SOYABEAN (JUNE) ) TURMERIC (JUNE JUNE) Trend • Consolidate Trend • Consolidate Strategy • Sell on highs Strategy • Sell on highs • R2 - 2450 • R2 - 8550 Resistance Resistance • R1 - 2415 • R1 - 8400 • S1 - 2340 • S1 - 8150 Support Support • S2 - 2320 • S2 - 8000 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 suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsib responsibility The information given herein should be treated as only factor, while making investment decision. The report does not 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 adviser. Capitalheight shall ments 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, 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 anyon anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. n All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the 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 instrum 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 Serious Lega Actions can be taken. Legal www.capitalheight.com capitalheight.wordpress.com