Daily AgriCommodity Report

Daily Newsletter29/07/2011

Daily Newsletter-Agri Commodity

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Agri Commodity



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MARKET WRAP

Chana edges down on lower demand

Jeera down on profit sales

Pepper down on low demand

Oilseeds, soy oil extend losses on good weather

Guar drops on higher stocks

Mentha oil up on short covering

Soy oil futures prices might continue the losses at the Indian commodity bourses owing

to the higher production estimates of the palm oil in Indonesia and Malaysia. Market

might be driven by concerns of likely decline in bio diesel production in Indonesia.

Soybean futures might retain decline owing to the recovery in weather in U.S and good

sowing prospects in India. Traders are liquidating both loosing short positions & closing

winning long positions in Cardamom so a higher probability is, the market is set to

retrace in price lower. Weak production prospects of Chana in Canada are likely to have

a positive impact over Indian market sentiments. The sowing progress of Kharif pulses

has been good in Maharashtra, Madhya Pradesh and Rajasthan which might limit the

gains. Huge arrivals of Cardamom from fresh crop are likely to pressurize the prices.

Turmeric prices in the intraday may trade range bound to firm on account of improved

buying at lower levels. Price trend in the short term is likely to depend on distribution of

rainfall in the growing areas and demand for the spice from domestic and overseas

buyers.

TECHNICAL

CARDAMOM (AUG)

GUARGUM (AUG)

JEERA (AUG)

PEPPER (AUG)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 890

• R1 - 870Resistance

• S1 - 835

• S2 - 815 Support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 15100


• S1 - 14200

• S2 - 13940Support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 16930


• S1 - 15500


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 29800


• S1 - 28450



ECHNICAL VIEW

CHANA (AUG

GUARSEED (AUG

MENTHA OIL (AUG

MUSTARD SEED (AUG

815

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 3155


• S1 - 3030


• Bullish

• Buy on dips

Trend



• S1 - 4440


• Consolidate

• Sell on highs

Trend



• S1 - 1090


• Consolidate

• Sell on high

Trend

Strategy

• R2 - 2990


• S1 - 2910




[email protected]

Phone- (0731)4295950

AUG)

AUG)

AUG)

AUG)

Consolidate

Buy on dips

3155

3120

3030

2990

Buy on dips

4720

4630

4440

4355

Consolidate

Sell on highs

1155

1135

1090

1070

Consolidate

Sell on high

2990

2970

2910

2895

SOYABEAN (AUG)

Disclaimer

The information and views in this report, our website & all the service

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 investm

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 on

provide individually tailor-made investment advice.

independently evaluate particular investments and strategies, and encourage

adviser. Money CapitalHeight Research Pvt Ltd.

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

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

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 which either

the site or its owners or 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 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 invita

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

taken.

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 2450

• R1 - 2425 Resistance

• S1 - 2380

• S2 - 2360 Support


) TURMERIC (AUG

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

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

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

independently evaluate particular investments 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


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

Investment in Commodity and equity market has its own risks.

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.


Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be

2425

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 7680


• S1 - 7150




[email protected]

Phone- (0731)4295950

AUG)

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

ent perspective. The information contained herein is based on

ly factor, while making investment decision. The report does not

recommends that investors

s 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,

together with all estimates and forecasts, can change without notice. Analyst or any person related to Money CapitalHeight

might be holding positions in the stocks recommended. It is understood that anyone who is browsing


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

tion or an offer to buy or sell any financial instrument. Our Clients (Paid Or


or indirectly by them. If found so then Serious Legal Actions can be

2425

Consolidate

Sell on high

7680

7540

7150

7050

Daily AgriCommodity Report

Documents

resistance s1

dipstrend strategy r2

hightrend strategy r2

highstrend strategy

support bullish buy

palm oil

higher stocks mentha

lower demand jeera