Daily Agri -Commodity Report by CapitalHeight.com – 12 December 2011

FOR IMMEDIATE RELEASE
Indore, Madhya Pradesh, India, Republic of (Free-Press-Release.com) December 11, 2011 -- MARKET WRAP

Soybean ended down on profit booking

RM seed declined on subdued demand

Turmeric edges higher on short covering

Mentha oil settled higher on fresh buying due to industrial demand. Cardamom tumbled on fresh selling due to sluggish demand in the market. Guar gum & Guar Seed regained on firm export demand due to lower production. In spices, Pepper on fresh buying due to lower domestic output & Jeera declined on profit booking due to weak export.

TECHNICAL VIEW
CARDAMOM (DEC) VIEW

Trend: Consolidate | Strategy: Sell on High
R1- 578, R2- 592 | S1- 564 S2- 550

CHANA (DEC) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 3160, R2- 3220| S1- 3100, S2- 3045

GUARGUM (DEC) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 18360, R2- 18620| S1- 18100, S2- 17840

GUARSEED (DEC) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 5665, R2-5740 | S1- 5560, S2- 5465

JEERA (DEC) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 13805, R2- 14110 | S1-13505, S2- 13210

MENTHA OIL (DEC) VIEW

Trend: Consolidate | Strategy: Sell On High
R1- 1336, R2- 1362 | S1- 1310, S2- 1284

PEPPER (DEC) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 35990, R2- 36695 | S1- 35250, S2- 34555



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