Daily AgriCommodity Report By Money CapitalHeight 24-01-2013

Dhaniya witnessed a sharp rally to close with a gain of 3% on account of limited supply in local markets owing to crop damage in the major producing regions due to cold waves.

Indore, India (prHWY.com) January 24, 2013 - MARKET WRAP FOR AGRICOMMODITY
* Dhaniya surged 3% on restricted supply due to crop damage.
* Mentha Oil shows recovery as traders bought at attractive levels.
* Turmeric remains weak on continuous arrivals losing close to 2%..
Dhaniya witnessed a sharp rally to close with a gain of 3% on account of limited supply in local markets owing to crop damage in the major producing regions due to cold waves. Pepper regains to settle higher by close to a percent on supply concerns. Soybean advances for fourth consecutive trading session tracking global cues.
TECHNICAL VIEW
PEPPER (February) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-37960, R2- 38700 | S1- 36750 S2-36090
RM SEED (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 3565, R2-3635| S1-3460 ,S2- 3390
SOYABEAN (February) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3340 , R2-3410 | S1- 3245 S2-3180
TURMERIC (April) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 6220, R2-6340 | S1-6040 S2-5915
DHANIYA (April ) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-7170, R2-7310, S1-6955, S2-6815
JEERA (March) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-13845 ,R2-14120 S1-13430 , S2-13160
MENTHA OIL (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1336, R2-1362 | S1-1296 , S2- 1270
CARDAMOM (February) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1088 , R2-1110 | S1-1055, S2-1026
CASTOR SEED (February) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3655, R2-3725| S1-3550, S2- 3475
CHANA (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3635, R2-3710| S1- 3530, S2-3455

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