Weekly New 29/11/2010 wsletter-Agri Comm www.capita modity alheight.com
Mar 20, 2016
Weekly Newsletter29/11/2010
Newsletter-Agri Commodity
www.capitalheight.com
Commodity
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
Weekly News Letter-Agri
Contents
Market Wrap
Chana
Turmeric
Jeera
Pepper
Technical Analysis
Chana
Turmeric
Jeera
Pepper
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
CHANA The depleting stock level is supportive to the prices. However the progressing
sowing activities in the major growing areas are weighing on the market
sentiments.
Demand is good in the physical market. India has raised minimum support
price (MSP) of Chana by 19.3 percent to 2,100 rupees per 100 kg.
TURMERIC
Lower stocks of turmeric till the fresh arrivals expected in the month of
February will keep the prices firm in the near month contract.
Prices will also take cues from the demand from the overseas and domestic
buyers which is expected to improve ahead of winter season.
JEERA
As per market sources unseasonable rains can delay the sowing process and
further delay can lead to other substitute crops like mustard.
There are lower stocks of jeera till fresh arrivals expected in the month of
February. This will help prices to find support and strengthen.
PEPPER
Fundamentals supported the commodity to gain and are likely to push the
commodity further upside.
Prices will also take cues from the price parity of major origins in the
international market. Domestic production is projected to decline marginally in
2011 by 2,000 tonne to 48,000 tonne.
TECHNICAL
WEEKLY PIVOT
SCRIPT R4 R3 R2
CHANA 2761 2678 2595
OUTLOOK
Trend:- Bullish
Resistance:- 2585
Support:- 2460, 2
Strategy:- Buy on dips
ECHNICAL VIEW
CHANA
R2 R1 P S1 S2
2595 2560 2512 2477 2429
85, 2670
2400
Buy on dips
CHANA WEEKLY
www.capitalheight.com
Phone- (0731)4295950
S3 S4
2346 2263
WEEKLY PIVOT
SCRIPT R4 R3
TURMERIC 22238 19816
OUTLOOK
Trend:- Bullish
Resistance:- 16570
Support:- 14750,
Strategy:- Buy on dips
TURMERIC
R2 R1 P S1 S2
17394 16572 14972 14150 12550
16570, 17400
, 13600
Buy on dips
TURMERIC WEEKLY
www.capitalheight.com
Phone- (0731)4295950
S3 S4
10128 7706
WEEKLY PIVOT
SCRIPT R4 R3 R2
JEERA 21977 19407 16837
OUTLOOK
Trend:- Consolidate
Resistance:- 15050
Support:- 13760,
Strategy:- Sell on dips
JEERA
R2 R1 P S1 S2
16837 15563 14267 12993 11697
Consolidate
050, 15550
, 13375
Sell on dips
JEERA WEEKLY
www.capitalheight.com
Phone- (0731)4295950
S3 S4
9127 6557
WEEKLY PIVOT
SCRIPT R4 R3 R2
PEPPER 26073 24693 23313
OUTLOOK
Trend:- Consolidate
Resistance:- 22700
Support:- 20880,
Strategy:- Sell on highs
PEPPER
R2 R1 P S1 S2
23313 22552 21993 21172 20553
Consolidate
700, 23350
, 20000
Sell on highs
PEPPER WEEKLY
www.capitalheight.com
Phone- (0731)4295950
S3 S4
19173 17793
www.capitalheight.com
Phone- (0731)4295950
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 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. Capital height recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capital height 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 NCDEX.
The commodity 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 Capital Height might
be holding positions in the commodity 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. we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Capital Height does not
purport to be an invitation or an offer to buy or sell any financial 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 Legal Actions can be taken.