Daily AgriCommodity NewsLetter By Money CapitalHeight 17-03-2012

* Soya bean sluggish on weak buying support * Chana continue to gain momentum, crossed 3700 level * Turmeric Prices stable, closed on 4270

INDORE, India (prHWY.com) March 16, 2012 - MARKET WRAP FOR AGRI COMMODITY
* Soya bean sluggish on weak buying support
* Chana continue to gain momentum, crossed 3700 level
* Turmeric Prices stable, closed on 4270

Cardamom opened with a huge gap up and blasts touched a high of 1178. It opened
with a gap of almost 260 points. Jeera continues its downward rally and closed with -50
pts. loss. Guargum and guarseed again closed on upper circuit.

TECHNICAL VIEW
PEPPER (FEB) VIEW
Trend: Bullish | Strategy: Buy On Dips
R1- 41685, R2- 42385 | S1- 41025, S2- 40325

MUSTARD SEED (APR) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 3753, R2- 3828 | S1- 3683, S2- 3608

SOYABEAN (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 2865 R2- 2815 | S1- 2765, S2- 2715

TURMERIC (MAY) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 4420, R2- 4320 | S1-4220, S2-4120

GUARSEED (FEB) VIEW
Trend: Bullish | Strategy: Buy On Dips
R1- 25570, R2-26170 | S1- 25170, S2- 24570

JEERA (FEB) VIEW
Trend: Consolidate | Strategy: Sell On High
R1- 12963, R2- 13263 | S1-12663, S2- 12363

MENTHA OIL (JAN) VIEW
Trend: Bullish | Strategy: Buy On Dips
R1- 2324, R2- 2384 | S1- 2284, S2- 2224

CARDAMOM (FEB) VIEW
Trend: Bullish | Strategy: Buy On Dips
R1- 1185, R2- 1199| S1-1171 S2- 1157

CHANA (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 3732, R2- 3802| S1- 3662, S2- 3592

GUARGUM (FEB) VIEW
Trend: Bullish | Strategy: Buy On Dips
R1- 81290, R2- 83090| S1- 80090, S2- 78290

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