Stock Tips | Free Stock Tips | Commodity Tips
Daily Commodity Agri News Letter by CapitalHeight 06-01-2011http://www.capitalheight.wordpress.comhttp://www.capitalheight.com9993066624
Content
Daily Newsletter Newsletter-Agri Commodity
06/01/2011
www.capitalheight.com
[email protected] Phone- (0731)4295950
MARKET WRAP
Turmeric drops on profit booking Pepper gains on short covering Indian rupee weakens on strong Dollar Soya-oil tumbles on weak global cues Mustard seed weakens on short selling Chana declines on profit booking Mentha oil falls on subdued demand
Turmeric futures edged lower due to slow down in demand. Since the buyers and stockiest are waiting for the new crop arrival. But existing low demand and fall in prices cast doubt about farmers bringing the new crop. Jeera cultivation is expected to decline in major places like Gujarat since farmers shifting to wheat and pulses cultivation due to higher water availability. More participation in Pepper is expected from the second week of January. The domestic demand of cardamom is expected increase on wedding season consumption. The retailers and millers are actively buying across the spot markets ahead of marriage season. Imports from Australia and Canada are lower extending support for the prices to gain. The mustard seed futures are expected to trade lower on extended selling pressure. Weakness in soy market is likely to weigh on the market. Domestic traders are likely to sell Soybean futures anticipating shrink in demand for soybean from crushers. Weakness in overseas market on improved weather condition in Argentina is likely to have a bearish impact on Indian market.
www.capitalheight.com
[email protected] Phone- (0731)4295950
TECHNICAL VIEW
CARDAMOM (JAN)
Trend Strategy
Resistance Support
• Consolidate • Buy on dips • R2 - 1610 • R1 - 1570 • S1 - 1500 • S2 - 1460
CHANA (JAN)
Trend Strategy
Resistance Support • Consolidate • Sell on highs • R2 - 2565 • R1 - 2540 • S1 - 2500 • S2 - 2470
GUARGUM (JAN)
Trend Strategy
Resistance Support
• Consolidate • Sell on highs • R2 - 6750 • R1 - 6680 • S1 - 6470 • S2 - 6380
GUARSEED (JAN JAN)
Trend Strategy
Resistance Support
• Consolidate • Buy on dips • R2 - 2600 • R1 - 2575 • S1 - 2455 • S2 - 2430
JEERA (JAN)
Trend Strategy
Resistance Support
• Consolidate • Buy on dips •R2 - 14820 •R1 - 14660 •S1 - 14375 •S2 - 14240
MENTHA OIL (JAN JAN)
Trend Strategy
Resistance Support • Bearish • Sell on highs • R2 - 1180 • R1 - 1150 • S1 - 1100 •S2 - 1060
MUSTARD SEED (JAN)
Trend Strategy
Resistance Support
• Bearish • Sell on highs •R2 - 568 •R1 - 562 •S1 - 556 •S2 - 551
PEPPER (JAN) )
Trend Strategy
Resistance Support • Consolidate • Buy on dips •R2 - 23500 •R1 - 23300 •S1 - 22650 •S2 - 22350
www.capitalheight.com
[email protected] Phone- (0731)4295950
SOYABEAN (JAN) )
Trend Strategy
Resistance Support • Bearish • Sell on highs •R2 - 2370 •R1 - 2340 •S1 - 2280 •S2 - 2260
TURMERIC (APR APR)
Trend Strategy
Resistance Support • Consolidate • Sell on highs •R2 - 10400 •R1 - 10200 •S1 - 9950 •S2 - 9750
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 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. Capitalheight recommends that investors independently evaluate made particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall advice 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. or 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 onsible 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 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.
www.capitalheight.com
06/01/2011
www.capitalheight.com
[email protected] Phone- (0731)4295950
MARKET WRAP
Turmeric drops on profit booking Pepper gains on short covering Indian rupee weakens on strong Dollar Soya-oil tumbles on weak global cues Mustard seed weakens on short selling Chana declines on profit booking Mentha oil falls on subdued demand
Turmeric futures edged lower due to slow down in demand. Since the buyers and stockiest are waiting for the new crop arrival. But existing low demand and fall in prices cast doubt about farmers bringing the new crop. Jeera cultivation is expected to decline in major places like Gujarat since farmers shifting to wheat and pulses cultivation due to higher water availability. More participation in Pepper is expected from the second week of January. The domestic demand of cardamom is expected increase on wedding season consumption. The retailers and millers are actively buying across the spot markets ahead of marriage season. Imports from Australia and Canada are lower extending support for the prices to gain. The mustard seed futures are expected to trade lower on extended selling pressure. Weakness in soy market is likely to weigh on the market. Domestic traders are likely to sell Soybean futures anticipating shrink in demand for soybean from crushers. Weakness in overseas market on improved weather condition in Argentina is likely to have a bearish impact on Indian market.
www.capitalheight.com
[email protected] Phone- (0731)4295950
TECHNICAL VIEW
CARDAMOM (JAN)
Trend Strategy
Resistance Support
• Consolidate • Buy on dips • R2 - 1610 • R1 - 1570 • S1 - 1500 • S2 - 1460
CHANA (JAN)
Trend Strategy
Resistance Support • Consolidate • Sell on highs • R2 - 2565 • R1 - 2540 • S1 - 2500 • S2 - 2470
GUARGUM (JAN)
Trend Strategy
Resistance Support
• Consolidate • Sell on highs • R2 - 6750 • R1 - 6680 • S1 - 6470 • S2 - 6380
GUARSEED (JAN JAN)
Trend Strategy
Resistance Support
• Consolidate • Buy on dips • R2 - 2600 • R1 - 2575 • S1 - 2455 • S2 - 2430
JEERA (JAN)
Trend Strategy
Resistance Support
• Consolidate • Buy on dips •R2 - 14820 •R1 - 14660 •S1 - 14375 •S2 - 14240
MENTHA OIL (JAN JAN)
Trend Strategy
Resistance Support • Bearish • Sell on highs • R2 - 1180 • R1 - 1150 • S1 - 1100 •S2 - 1060
MUSTARD SEED (JAN)
Trend Strategy
Resistance Support
• Bearish • Sell on highs •R2 - 568 •R1 - 562 •S1 - 556 •S2 - 551
PEPPER (JAN) )
Trend Strategy
Resistance Support • Consolidate • Buy on dips •R2 - 23500 •R1 - 23300 •S1 - 22650 •S2 - 22350
www.capitalheight.com
[email protected] Phone- (0731)4295950
SOYABEAN (JAN) )
Trend Strategy
Resistance Support • Bearish • Sell on highs •R2 - 2370 •R1 - 2340 •S1 - 2280 •S2 - 2260
TURMERIC (APR APR)
Trend Strategy
Resistance Support • Consolidate • Sell on highs •R2 - 10400 •R1 - 10200 •S1 - 9950 •S2 - 9750
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 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. Capitalheight recommends that investors independently evaluate made particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall advice 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. or 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 onsible 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 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.
www.capitalheight.com
