Daily AgriCommodity Report

Daily Newsletter04/08/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Mentha oil regains on firm demand

Cardamom drops on profit booking

Chana falls on sluggish demand

Jeera jumps on fresh buying

Soybean gains on global cues

Turmeric hits contract low

Guar seed settles lower on additional margin

There are expectations of exports and domestic demand from North India to pick up at

lower levels that could result in higher trading activities for Pepper futures. Higher

demand could also help in perking up price for Pepper and provide medium term

firmness for the commodity rates. Jeera futures may remain range-bound facing

resistance near 17000 levels. Export demand from Bangladesh and Middle East

countries is completed, which is again unsupportive for the spot prices. In Indian

scenario, it appears that some more upside may be seen in Soy oil till mid-August,

thereafter prices may witness correction. Overall trend is likely to remain very volatile in

the coming weeks. We expect the overall trend of Guar to remain Bullish in view of the

rising exports and the delayed Monsoon arrivals. Trend for Chana in coming months is

expected to remain very volatile with very high trading activities likely in the Spot

markets from the demand ahead. The Cardamom August futures are expected to

continue the losses on rising arrivals from fresh crop are likely to pressurize the prices.

TECHNICAL

CARDAMOM (AUG)

GUARGUM (AUG)

JEERA (AUG)

PEPPER (AUG)

• Consolidate

• Sell on high

Trend

Strategy• R2 - 845

• R1 - 830Resistance

• S1 - 800

• S2 - 780 Support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 15100


• S1 - 14200

• S2 - 13930Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 16600


• S1 - 15700


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 30000


• S1 - 28800



ECHNICAL VIEW

CHANA (AUG

GUARSEED (AUG

MENTHA OIL (AUG

MUSTARD SEED (AUG

780

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 3160


• S1 - 3030


• Consolidate

• Buy on dips

Trend



• S1 - 4350


• Consolidate

• Buy on dips

Trend



• S1 - 1110


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 3040


• S1 - 2960




[email protected]

Phone- (0731)4295950

AUG)

AUG)

AUG)

AUG)

Buy on dips

3160

3125

3030

3000

Consolidate

Buy on dips

4540

4495

4350

4300

Consolidate

Buy on dips

1175

1160

1110

1090

Consolidate

Buy on dips

3040

3005

2960

2940

SOYABEAN (AUG)

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

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 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.

independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial

adviser. Money CapitalHeight Research Pvt Ltd.

information given in this report, which is in violation

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 re

Research Pvt Ltd. 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

the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the accepta

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 completeness thereof.

whatsoever for any financial profits or loss which may arise from the recommendations above.

Research Pvt Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument.

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 Legal Actions can be

taken.

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 2525

• R1 - 2495 Resistance

• S1 - 2460

• S2 - 2440 Support


) TURMERIC (AUG

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

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 responsibility

on given herein should be treated as only factor, while making investment decision. The report does not

made investment advice. Money CapitalHeight Research Pvt Ltd. recommends that investors

vestments and strategies, and encourages investors to seek the advice of a financial

eight Research Pvt Ltd. shall not be responsible for any transaction conducted based on the

information given in this report, which is in violation of rules and regulations of MCX and NCDEX.

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

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

the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the accepta

Investment in Commodity and equity market has its own risks.

r, 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.

does not purport to be an invitation or an offer to buy or sell any financial instrument.


nyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be

2495

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 7100


• S1 - 6690




[email protected]

Phone- (0731)4295950

AUG)

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

been made to present the right investment perspective. The information contained herein is based on

on given herein should be treated as only factor, while making investment decision. The report does not

recommends that investors

vestments and strategies, and encourages investors to seek the advice of a financial

shall not be responsible for any transaction conducted based on the

price projections shown are not necessarily indicative of future price performance. The information herein,

lated to Money 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 anyone can be held responsible for . Any surfing and reading of the information is the acceptance

we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight

does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or


nyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be

2495

Consolidate

Sell on high

7100

6970

6690

6556

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Daily AgriCommodity Report