Daily Agri -Commodity Report by CapitalHeight.com – 16 December 2011

FOR IMMEDIATE RELEASE
Indore, Madhya Pradesh, India, Republic of (Free-Press-Release.com) December 15, 2011 -- MARKET WRAP

Mentha oil declined on profit booking

Turmeric ended down on higher arrivals

Pepper gained on lower output concerns

Guar gum and Guar seed ended up, hits upper circuit on fresh buying due to firm export demand. In Oil and Oil seed, RM seed settled higher on strong export demand on the back of rising demand while Soybean seed ended down on profit booking due to weak firm domestic demand. In Pulses, Chana tumbled on fresh selling due to higher arrivals.

TECHNICAL VIEW
CARDAMOM (DEC) VIEW

Trend: Consolidate | Strategy: Sell on High
R1- 552, R2- 566 | S1- 538 S2- 524

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

GUARGUM (DEC) VIEW
Trend: Bullish | Strategy: Buy on Dips
R1- 21460, R2- 21840| S1- 21080, S2- 20700

GUARSEED (DEC) VIEW
Trend: Bullish | Strategy: Buy on Dips
R1- 6610, R2-6730 | S1- 6490, S2- 6370

JEERA (DEC) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 13890, R2- 14165 | S1-13620, S2- 13350

MENTHA OIL (DEC) VIEW

Trend: Consolidate | Strategy: Sell On High
R1- 1311, R2- 1337 | S1- 1285, S2- 1259

PEPPER (DEC) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 37465, R2- 38170 | S1- 36730, S2- 36035



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