Daily Agri -Commodity Report by CapitalHeight.com – 13 December 2011

FOR IMMEDIATE RELEASE
Indore, Madhya Pradesh, India, Republic of (Free-Press-Release.com) December 12, 2011 -- MARKET WRAP

Guar gum & Guar seed ended up, hits upper circuit

Mentha oil ended down on subdued demand

Chana tumbled on profit booking

Spices traded mixed today with Turmeric settled down on profit booking due to lower production estimates followed by Jeera ended down on fresh selling due to higher arrival in the market while Pepper ended up on fresh buying on the back of rising demand. In Oil & Oil seed RM seed ended down on profit booking due to ample supply.

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- 3120, R2- 3180| S1- 3060, S2- 3000

GUARGUM (DEC) VIEW
Trend: Bullish | Strategy: Buy on Dips
R1- 19040, R2- 19300| S1- 18780, S2- 18515

GUARSEED (DEC) VIEW
Trend: Bullish | Strategy: Buy on Dips
R1- 5870, R2-5960 | S1- 5780, S2- 5690

JEERA (DEC) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 13610, R2- 13915 | S1-13315, S2- 13010

MENTHA OIL (DEC) VIEW

Trend: Consolidate | Strategy: Sell On High
R1- 1330, R2- 1355 | S1- 1305, S2- 1275

PEPPER (DEC) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 36265, R2- 36970 | S1- 35535, S2- 34830



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