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Daily Agri -Commodity Report by CapitalHeight.com – 08 December 2011

December 7, 2011 Investment news in Indore,Madhya Pradesh, India, Republic of

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Soybean edges higher on global cues RM seed settled higher on limited stocks

FOR IMMEDIATE RELEASE
Indore, Madhya Pradesh, India, Republic of (Free-Press-Release.com) December 7, 2011 -- MARKET WRAP

Soybean edges higher on global cues

RM seed settled higher on limited stocks

Mentha oil ended up on short covering

Spice traded mixed today with Turmeric ended up on short covering on the back of rising demand in the market followed by Jeera edges higher on fresh buying due to lower arrival while Pepper declined on short selling. In Pulses Chana settled higher on seasonal demand due to limited stocks. Mentha oil ended up on industrial demand.

TECHNICAL VIEW
CARDAMOM (DEC) VIEW

Trend: Consolidate | Strategy: Sell on High
R1- 604, R2- 618 | S1- 590 S2- 576

CHANA (DEC) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 3200, R2- 3260| S1- 3140, S2- 3080

GUARGUM (DEC) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 18030, R2- 18290| S1- 17770, S2- 17510

GUARSEED (DEC) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 5575, R2-5670 | S1- 5485, S2- 5390

JEERA (DEC) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 13605, R2- 13900 | S1- 13310, S2- 13000

MENTHA OIL (DEC) VIEW

Trend: Consolidate | Strategy: Sell On High
R1- 1318, R2- 1344 | S1- 1292, S2- 1266

PEPPER (DEC) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 35805, R2- 36510 | S1- 35075, S2- 34380

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Daily Agri Commodity NewsLetter 08-02-2012 • Cardamom hits upper circuit on extended buying • Guar gum and seed extend downtrend on profit booking • Spices ended in red, Pepper worst; down 1.57%

Daily Equity NewsLetter 08-02-2012 CapitalHeight’s stock recommendation for 08/02/12 is Jet Airways. Jet airways has made a rounding bottom on the daily chart .

Daily Agri Commodity NewsLetter 07-02-2012 Chana rebounds on extended buying • Mentha oil tumbles on profit booking Guar gum and Seed hits 4% lower circuit

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