Daily AgriCommodity Report By Money CapitalHeight 04-01-2013

Jeera tumbles close to 2% on reports of higher acreage.

Indore, India (prHWY.com) January 4, 2013 - MARKET WRAP FOR AGRICOMMODITY
* Jeera tumbles close to 2% on reports of higher acreage.
* Pepper extends recovery gaining more than a percent.
* RM Seed ended the session virtually flat amid volatility.

Jeera witnessed a sharp decline on higher production concerns due to suitable weather in growing regions, breaking its support level and is expected to trade with negative bias in the upcoming session. Soybean closed with a net loss of 1% managing to sustain at its major support level. Chana rises for fourth straight day on consistent demand

TECHNICAL VIEW
PEPPER (February) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-35465, R2- 36160 | S1- 34415 S2-33820
RM SEED (January) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 4305, R2-4390 | S1-4180 ,S2- 4090
SOYABEAN (January) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3250 , R2-3320 | S1- 3160 S2-3095
TURMERIC (April) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 6870, R2-7005 | S1-6670 S2-6530
DHANIYA (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-5670, R2-5780, S1-5500 , S2-5390
JEERA (March) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-14585 ,R2-14870 S1-14165 , S2-13880
MENTHA OIL (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1446, R2-1475 | S1-1404 , S2- 1375
CARDAMOM (January) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1038 , R2-1060 | S1-1007, S2-986
CASTOR SEED (January) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3705, R2-3780| S1-3600, S2- 3520
CHANA (January) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-4020, R2-4100| S1-3900, S2-3820

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