Daily AgriCommodity Report By Money CapitalHeight 30-01-2013

Cardamom displayed a bearish trend as traders booked profits after recent gains, hopes of rise in export demand restricted the loss.

Indore, India (prHWY.com) January 30, 2013 - MARKET WRAP FOR AGRICOMMODITY
* Dhaniya surge more than 3% on profit booking at higher level.
* Pepper & Castor seed remains positive, gain near to 1%.
* Jeera remains volatile and closed with marginal loss of 0.13%.
Cardamom displayed a bearish trend as traders booked profits after recent gains, hopes of rise in export demand restricted the loss. Turmeric consolidates with negative biasness, but in end successfully covered the loss & closed almost flat. Chana remains negative on new arrival in spot market, in short term we can expect recovery from here.

TECHNICAL VIEW
PEPPER (February) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-38504, R2- 39262 | S1- 37366 S2-36607
RM SEED (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 3474, R2-3542| S1-3372 ,S2- 3303
SOYABEAN (February) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3305 , R2-3370 | S1- 3205, S2-3140
TURMERIC (April) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 6129, R2-6249 | S1-5947 S2-5825
DHANIYA (April ) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-6912, R2-7048, S1-6707, S2-6572
JEERA (March) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-13560 ,R2-13827 S1-13160 , S2-12892
MENTHA OIL (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1288, R2-1313 | S1-1250 , S2- 1225
CARDAMOM (February) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1068 , R2-1089 | S1-1036, S2-1015
CASTOR SEED (February) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3536, R2-3606| S1-3432, S2- 3362
CHANA (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3608, R2-3679| S1- 3502, S2-3430

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