Daily AgriCommodity Report By Money CapitalHeight 27-03-2012

*Soya bean continues uptrend, crossed 3000 level. *Profit booking continues in cardamom, prices down by 2.5%.

INDORE, India (prHWY.com) March 27, 2012 - MARKET WRAP FOR AGRI COMMODITY
* Soya bean continues uptrend, crossed 3000 level.
* Profit booking continues in cardamom, prices down by 2.5%.
* Turmeric prices down by 2.3 % on weak domestic demand.

Chana prices down by 1.7%. Guar gum and Guar seed again hits upper circuit of 4%. Jeera has shownmixed trend, prices down in the early session then recovered in the end. Mentha oil hits lower circuit, it may continue its down trend in upcoming session. RM Seed faced selling pressure but strong support around 3900 support the prices.

TECHNICAL VIEW
PEPPER (FEB) VIEW
Trend: Consolidate| Strategy: Sell On Highs
R1- 42115, R2- 42815 | S1- 41455, S2- 40755

MUSTARD SEED (APR) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 3935, R2- 4010 | S1- 3865, S2- 3790

SOYABEAN (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 3022 R2- 3072 | S1- 2972, S2- 2922

TURMERIC (MAY) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 4270, R2- 4370| S1-4170, S2-4070

GUARSEED (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 24230, R2-24590 | S1- 23990 S2- 23630

JEERA (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 12035, R2- 12035 | S1-11735, S2- 11435

MENTHA OIL (JAN) VIEW
Trend: Consolidate | Strategy: Sell On Highs
R1- 2100, R2- 2126 | S1- 2074, S2- 2048

CARDAMOM (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 1221, R2- 1207| S1-1193, S2- 1179

CHANA (FEB) VIEW
Trend: Consolidate| Strategy: Sell On Highs
R1- 3695, R2-3765| S1- 3625, S2- 3555

GUARGUM (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 78250, R2- 79450| S1- 77450, S2- 76250

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