Daily AgriCommodity Report By Money CapitalHeight 14-01-2013

Soybean shows slight recovery on account of limited availability of imported oil in domestic markets closing with moderate gains.

Indore, India (prHWY.com) January 13, 2013 - MARKET WRAP FOR AGRICOMMODITY
* Turmeric tumbled close to 2% on adequate stocks in markets.
* Soybean shows recovery on limited availability of imported oil.
* Castor Seed declined more than a percent tracking global cues.
Soybean shows slight recovery on account of limited availability of imported oil in domestic markets closing with moderate gains. Mentha Oil closed with minimal loss moving along a falling trend line which may be broken in near term if it manages to hold the support level. Cardamom closed the session virtually flat amid high volatility
TECHNICAL VIEW
PEPPER (February) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-36585, R2- 37300 | S1- 35500 S2-34785
RM SEED (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 3515, R2-3580| S1-3410 ,S2- 3340
SOYABEAN (February) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3190 , R2-3250 | S1- 3095 S2-3030
TURMERIC (April) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 6600, R2-6730 | S1-6400 S2-6280
DHANIYA (April ) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-7190, R2-7330, S1-6980, S2-6830
JEERA (March) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-13950 ,R2-14240 S1-13550 , S2-13250
MENTHA OIL (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1424, R2-1451 | S1-1382 , S2- 1354
CARDAMOM (February) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1048 , R2-1070 | S1-1011, S2-995
CASTOR SEED (February) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3775, R2-3850| S1-3665, S2- 3590
CHANA (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3570, R2-3640| S1- 3465, S2-3400

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