Daily Agri -Commodity Report by CapitalHeight.com – 02 December 2011

FOR IMMEDIATE RELEASE
Indore, Madhya Pradesh, India, Republic of (Free-Press-Release.com) December 1, 2011 -- MARKET WRAP

RM seed ended down on production concerns

Pepper edges higher on limited stocks

Mentha oil declined on profit booking

Guar gum & Guar seed ended down on profit booking on higher level. Cardamom surged on short covering on the back of rising demand. In Pulses, Chana gained on short covering due to firm demand. In Spices, Turmeric ended down on fresh selling due to higher arrival & Jeera declined on weak export due to sluggish demand outlook.

TECHNICAL VIEW
CARDAMOM (DEC) VIEW

Trend: Consolidate | Strategy: Sell on High
R1- 615, R2- 629 | S1- 601 S2- 587

CHANA (DEC) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 3160, R2- 3220| S1- 3100, S2- 3040

GUARGUM (DEC) VIEW
Trend: Bullish | Strategy: Buy on Dips
R1- 16610, R2- 16870| S1- 16350, S2- 16090

GUARSEED (DEC) VIEW
Trend: Bullish | Strategy: Buy on Dips
R1- 5255, R2-5340 | S1- 5165, S2- 5075

JEERA (DEC) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 13555, R2- 13850 | S1- 13250, S2- 12955

MENTHA OIL (DEC) VIEW

Trend: Consolidate | Strategy: Sell On High
R1- 1335, R2- 1360 | S1- 1308, S2- 1280

PEPPER (DEC) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 35820, R2- 36525 | S1- 35090, S2- 34385



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