Daily Agri Commodity NewsLetter 01-02-2012

* Cardamom ends down on fresh selling * Chana extends uptrend, up 2.37% or 74 pts * Pepper ends down on subdued demand

Indore, India (prHWY.com) February 1, 2012 - MARKET WRAP FOR AGRI COMMODITY
* Cardamom ends down on fresh selling
* Chana extends uptrend, up 2.37% or 74 pts
* Pepper ends down on subdued demand
Cardamom ended in red today hitting 3% lower circuit shredding 20.5 pts on the back of
fresh selling at high level due to its demand concerns. Chana extended its uptrend for
2nd day gaining 2.37% or 74 pts on the back of fresh buying. In Spices space, Jeera and
Turmeric edged up 2.44% and 1.27% respectively while Pepper ended down 1.20%.

PEPPER (FEB) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 29900, R2- 30700 | S1- 29300, S2- 28500

MUSTARD SEED (APR) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 3320, R2- 3400 | S1- 3250, S2- 3170

SOYABEAN (FEB) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 2470 R2- 2520 | S1- 2422, S2- 2370

TURMERIC (MAY) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 4650, R2- 4760 | S1-4550, S2-4440

GUARSEED (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 12300, R2-126500 | S1- 12050, S2- 11700

JEERA (FEB) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 14950, R2- 15250 | S1-14600, S2- 14350

MENTHA OIL (JAN) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 1580, R2- 1615 | S1- 1555, S2- 1530

CARDAMOM (FEB) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 670, R2- 690 | S1- 655 S2- 635

CHANA (FEB) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 3225, R2- 3310| S1- 3156, S2- 3080

GUARGUM (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 41000, R2- 42200| S1- 40100, S2- 38900

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