Issuu on Google+

Weekly Newsletter-Agri Commodity 28/02/2011

www.capitalheight.com


info@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 capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

MARKET WRAP CHANA Weather would be an important factor to be watched for as actual production would mainly depend on the weather conditions during the crop development period (February). We expect March contract to trade in the range of Rs. 2525 – 2700 per qtl levels in the medium term.

TURMERIC Price trend in the short term are likely to depend on the arrivals and demand from the overseas and domestic buyers. The market may be vulnerable to large price swings as shorter time frame traders attempt to trade from both sides of the market but liquidating before end of- day. Often a signal of a market turn near-term or continued volatility

JEERA As per trade sources, till the fresh arrivals starts in full swing demand for old crop amid lower stocks might support the prices. According to derivative analysis, prices and volumes are rising while open interest is falling. Market has a lot of traders initiating from both sides but larger traders may be liquidating into the higher prices.

PEPPER Pepper prices will depend on demand from the overseas and domestic market and fresh arrivals in the physical market in Kochi. Prices will also take cues from the production of Pepper in Vietnam, carryover stocks (Vietnam) and pepper prices in the international market of various origins particularly India, Vietnam, Indonesia and Brazil.

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

TECHNICAL VIEW CHANA WEEKLY PIVOT SCRIPT CHANA

R4 2977

R3 2834

R2 2691

R1 2597

P 2548

S1 2454

S2 2405

S3 2262

S4 2119

OUTLOOK Trend:- Consolidate Resistance:- 2575, 2650 Support:- 2450, 2390 Strategy:- Sell on highs CHANA WEEKLY

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

TURMERIC WEEKLY PIVOT SCRIPT TURMERIC

R4 11757

R3 11187

R2 10617

R1 10283

P 10047

S1 9713

S2 9477

S3 8907

S4 8337

OUTLOOK Trend:- Consolidate Resistance:- 10400, 11120 Support:- 9700, 9200 Strategy:- Sell on Highs TURMERIC WEEKLY

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

JEERA WEEKLY PIVOT SCRIPT JEERA

R4 20922

R3 19602

R2 18282

R1 17826

P 16962

S1 16506

S2 15642

S3 14322

S4 13002

OUTLOOK Trend:- Bullish Resistance:- 17830, 18300 Support:- 16500, 15600 Strategy:- Buy on dips JEERA WEEKLY

www.capitalheight.com capitalheight.wordpress.com


info@capitalheight.com Phone- (0731)4295950

PEPPER WEEKLY PIVOT SCRIPT PEPPER

R4 27792

R3 26197

R2 24602

R1 23668

P 23007

S1 22073

S2 21412

S3 19817

S4 18222

OUTLOOK Trend:- Consolidate Resistance:- 23700, 24600 Support:- 22000, 21300 Strategy:- Sell on highs PEPPER WEEKLY

www.capitalheight.com capitalheight.wordpress.com


info@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.

www.capitalheight.com capitalheight.wordpress.com


Agri Commodity Tips by www.capitalheight.com