Page 1

Weekly Newsletter Newsletter-Agri Agri Commodity 22/08/2011 Phone- (0731)4295950

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

MARKET WRAP CHANA Arrivals in the benchmark spot markets are likely to remain low & high demand for upcoming festive season will support the prices to trade higher Chana futures are expected to retain its positive as buying by retailers and millers might support the rise in prices.

JEERA Jeera futures are forecast to sideways to positive trend on fresh buying as due to supply crunch and expectation of demand rise on coming festivals Jeera prices will depend on the demand from the overseas & domestic buyers. Prices will also take cues from the main producing regions.

PEPPER The pepper futures are forecast to continue the positive trend on fresh buying at lower levels. Also, export demand from overseas market can make price rise sharply. Lower stocks available across the spot markets might support the prices and reports of lower pepper production in Brazil and Indonesia will support the prices.

TURMERIC Due to steep fall in prices growers are also becoming reluctant in further selling of their produce. However, weak domestic and export demand amid huge stocks is likely to limit the gains. Turmeric futures are expected to trade very sluggish with negative bias in coming week in absence of fresh market cues from spot market. Phone- (0731)4295950


R4 3600

R3 3422

R2 3244

R1 3182

P 3066

S1 3004

S2 2888

S3 2710

S4 2532

OUTLOOK Trend:- Bullish Resistance:- 32400, 3422 Support:- 3000, 22890 Strategy:- Buy on dips CHANA WEEKLY capi Phone- (0731)4295950


R4 18942

R3 17803

R2 16664

R1 16249

P 15525

S1 15110

S2 14386

S3 13247

S4 12108

OUTLOOK Trend:- Consolidate Resistance:- 16500 16500, 17100 Support:- 15400, 15000 Strategy:- Buy on dips JEERA WEEKLY capi Phone- (0731)4295950


R4 39725

R3 37023

R2 34321

R1 33341

P 31619

S1 30639

S2 28917

S3 26215

S4 23513

OUTLOOK Trend:- Bullish Resistance:- 34320 4320, 37000 Support:- 31500,, 30400 Strategy:- Buy on dips PEPPER WEEKLY capi Phone- (0731)4295950


R4 7310

R3 6920

R2 6530

R1 6340

P 6140

S1 5950

S2 5750

S3 5360

S4 4970

OUTLOOK Trend:- Bearish 340, 6530 Resistance:- 6340 Support:- 5950, 5750 Strategy:- Sell on high TURMERIC 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. Money CapitalHeight Research Pvt. Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight 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 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 Money CapitalHeight Research Pvt. Ltd. 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. Money CapitalHeight Research Pvt. Ltd. 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 report  

Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equi...

Read more
Read more
Similar to
Popular now
Just for you