You are on page 1of 4

Daily Newsletter-Agri Commodity 30/12/2013

www.capitalheight.com

info@capitalheight.com Phone- (0731)4295900

MARKET WRAP
Dhaniya futures saw a mild correction and went up by 2.84 per cent. Jeera futures headed northward in today’s trade, gained 0.84 per cent. Chana futures for the month of January went down by 0.39 per cent.

Turmeric (Apr) is expected to trade sideways taking support above 6100 levels while Soybean (Jan) is heading towards 3720 levels downside. Jeera futures (March) is likely to continue its bearish trend and move downside towards 12300 levels on strong production estimates in the current year. Mustard is likely to fall towards 3520 levels.

COMMODITY CARDAMOM CASTOR SEED CHANA DHANIYA JEERA MENTHA OIL REF SOYA OIL RM SEED SOYBEAN TURMERIC

P. CLOSE
680.00 4,221.00 3,048.00 7,288.00 12,430.00 833.00 689.00 3,550.00 3,773.00 6,270.00

LAST CLOSE
679.00 4,240.00 3,036.00 7,495.00 12,535.00 838.00 692.00 3,535.00 3,789.00 6,320.00

NET CHANGE
-1.00 19.00 -12.00 207.00 105.00 5.00 3.00 -15.00 16.00 50.00

% CHANGE
-0.15 0.45 -0.39 2.84 0.84 0.60 0.44 -0.42 0.42 0.80

www.capitalheight.com

info@capitalheight.com Phone- (0731)4295900

TECHNICAL VIEW
CARDAMOM (JAN)
Trend Strategy
Resistance Support
• Consolidate • Sell On High
• R2 - 702 • R1 - 689 • S1 - 668 • S2 - 655

CASTOR SEED (JAN)
Trend Strategy
Resistance Support • Consolidate •Buy On Dips • R2 - 4388 • R1 - 4303 • S1 - 4176 • S2 - 4091

CHANA (JAN)
Trend
Strategy
Resistance
• Consolidate •Sell On High • R2 - 3142 • R1 - 3081 • S1 - 2990 • S2 - 2929

DHANIYA (JAN)
Trend Strategy
Resistance Support
• Consolidate •Buy On Dips • R2 - 7757 • R1 - 7607 • S1 - 7382 • S2 - 7232

Support

JEERA (DEC)
Trend Strategy
Resistance Support
• Consolidate • Sell On High • R2 - 12973 • R1 - 12723 • S1 - 12346 • S2 - 12096

MENTHA OIL (JAN)
Trend

Strategy
Resistance Support

• Consolidate •Buy On Dips • R2 - 867 • R1 - 850 • S1 - 825 • S2 - 808

REF SOYA OIL (DEC)
Trend Strategy
Resistance Support
• Consolidate • Sell On High • R2 - 716 • R1 - 702 • S1 - 681 • S2 - 667

RM SEED (JAN)
Trend Strategy
Resistance Support •Consolidate •Sell On High • R2 - 3658 • R1 - 3588 • S1 - 3481 • S2 - 3411

www.capitalheight.com

info@capitalheight.com Phone- (0731)4295900

SOYABEAN (JAN)
Trend Strategy
Resistance Support • Consolidate •Sell On High • R2 - 3921 •R1 - 3845 • S1 - 3732 • S2 - 3656

TURMERIC (APRIL)
Trend Strategy
Resistance Support • Consolidate • Buy On Dips • R2 - 6541 • R1 - 6414 • S1 - 6225 • S2 - 6098

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 MCX and NCDEX. The metal’s 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 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 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.

www.capitalheight.com