Page 1

Weekly Newsletter Newsletter-Agri Agri Commodity 11/04/2011 Phone- (0731)4295950

Weekly News Letter-Agri Contents Market Wrap Chana Turmeric Jeera Pepper Technical Analysis Chana Turmeric Jeera Pepper Phone- (0731)4295950

MARKET WRAP CHANA Chana prices may recover in the short term as prices generally bottom out by mid April when arrivals are at its peak. Bumper crop production is likely to weigh on the market sentiments. Tenders to import other pulses like yellow peas which are used as a substitute for Chana is prompting the prices of Chana as the prices of peas are lower.

TURMERIC Price trend in the short term are likely to depend on the arrivals and demand from the overseas and domestic buyers. In the medium to long term turmeric prices may trade bearish due to increase in the arrivals owing to better production.

JEERA Jeera prices will depend on the demand from the overseas and domestic buyers and fresh arrivals in the domestic markets. Export demand from gulf countries is very poor which might weigh on sentiments. Overall production forecast is down by 10-25% Y/Y which might support the prices in medium to long term.

PEPPER Pepper prices will depend on demand from the overseas and domestic buyers, as the prices of Indian pepper in the international market are at the same levels as that of other major competitors. Indian traders are getting fresh export enquiries from global buyers, hence, is likely to support the price in spot as well as futures market in coming days. Phone- (0731)4295950


R4 2614

R3 2534

R2 2454

R1 2416

P 2374

S1 2336

S2 2294

S3 2214

S4 2134

OUTLOOK Trend:- Bearish Resistance:- 2435 435, 2510 Support:- 2300, 22230 Strategy:- Sell on highs CHANA WEEKLY capi Phone- (0731)4295950


R4 12445

R3 11745

R2 11045

R1 10773

P 10345

S1 10073

S2 9645

S3 8945

S4 8245

OUTLOOK Trend:- Consolidate Resistance:- 11000 1000, 11600 Support:- 10050,, 9700 Strategy:- Buy on Dips TURMERIC WEEKLY capi Phone- (0731)4295950


R4 18517

R3 17584

R2 16651

R1 16074

P 15718

S1 15141

S2 14785

S3 13852

S4 12919

OUTLOOK Trend:- Consolidate Resistance:- 16075 075, 16650 Support:- 15070,, 14600 Strategy:- Buy on dips JEERA WEEKLY capi Phone- (0731)4295950


R4 29914

R3 28600

R2 27286

R1 26781

P 25972

S1 25467

S2 24658

S3 23344

S4 22030

OUTLOOK Trend:- Bullish Resistance:- 26800 800, 27500 Support:- 25450,, 24660 Strategy:- Buy on dips PEPPER WEEKLY capi 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.

Weekly Agri Commodity Tips by CapitalHeight  

CapitalHeight Financial Services is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity T...