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115

Weekly Agri Commodity Report by www.capitalheight.com 30-01-2012 to 03-02-2012

MARKET WRAP FOR WEEKLY AGRI COMMODITY
CHANA

• Chana ended down due to higher arrivals and subdued demand in domestic and international market posting its second week of losses shredding 4.4%
• Chana prices will take cues from its domestic and international production reports and export demand coupled with arrivals in the domestic mandis

GUARSEED

• Guar seed ended down after three weeks of uptrend due to profit booking at higher levels and additional 10% margin on all long positions.
• Guar seed trend is overdue for a correction and it is in a cautious territory and there is speculation in prices due to its estimated production. Though higher production may trigger further profit booking.

JEERA

• The Jeera prices in the intraday are likely to trade sideways to up owing to improvement in demand from the domestic and overseas buyers.
• Jeera prices will take cues from its sowing progress in Rajasthan and Gujarat and any news of lower estimated production may support prices to continue uptrend.

PEPPER

• Pepper ended down due to higher arrivals and subdued demand in domestic and international market posting its second week of losses shredding 3.5%
• In the short term domestic prices will depend on the arrivals in the mandis & also price quotes offered in the international market of the major origins particularly Vietnam and Indonesia.

Technical Views

CHANA VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 3200, R2- 3320 | S1- 3010, S2- 2910

GUARSEED VIEW
Trend: Bullish | Strategy: Buy On Dips
R1- 12700, R2- 14000 | S1- 11000, S2- 9600

JEERA VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 16000, R2- 17000 | S1- 14200, S2- 13500
PEPPER VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 32900, R2- 34300 | S1- 29850, S2- 28300
Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity Tips as well as Commodity Tips.

We are a team of highly qualified and experienced analysts, who deliver their expertise in providing stock market calls for traders which include tips like Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips. All services are provided through SMS and Instant Messenger.

Our research is based around these services:
• Stock Tips
• Commodity Tips
• Equity Tips
• Intraday Tips
• NCDEX Tips
Money CapitalHeight Research Pvt Ltd always aim at providing services in accordance with the comfort levels of all traders and investors in stock market ranging from small investors to HNI’s, who trade in vast domain of share market such as Intraday, Index Trading (NIFTY & BANK NIFTY ), Equity Market, F&O, MCX, NCDEX.
Commodity Tips, equity tips, free share tips intraday, Free Stock Tips, free stock tips for intraday, intraday stock tips, Intraday Tips, mcx tips, stock future tips, Stock Tips
For stock tips, commodity tips, mcx tips, equity tips, please visit our site at http://www.capitalheight.com or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 4295 - 950
Or email us at: contact@capitalheight.com
###
  
 
 

Contact Information

  • Name: CapitalHeight Financial Services

    Company: Money CapitalHeight Research Pvt Ltd

    Telphone: 0731-429-5950 , -

    Address:

    Email: press@capitalheight.com

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