Daily AgriCommodity Report By Money CapitalHeight 15-10-2012

Cardamom closed on 4% upper circuit for the second consecutive session on rising expectations of decontrol of prices by the government.

Indore, India (prHWY.com) October 15, 2012 - MARKET WRAP FOR AGRICOMMODITY
* Chana rallies more than 3% on consistent high demand in the markets.
* Jeera closes the day on 4% upper circuit on thin supply.
* Castor Seed surged 2% as traders created fresh positions at attractive levels.
Cardamom closed on 4% upper circuit for the second consecutive session on rising expectations of decontrol of prices by the government. Dhaniya up by 3% on bright future prospects due to the upcoming festive season. Jeera rallies to hit upper circuit on account of high demand against thin supply in both domestic and international markets.
TECHNICAL VIEW
PEPPER (OCT) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-44300 ,R2- 45219| S1- 43000, S2-42160
RM SEED (OCT) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 4150, R2- 4238 | S1- 4034 ,S2- 3979
SOYABEAN (OCT) VIEW
Trend: Bearish| Strategy: sell on high
R1- 3218, R2- 3270 S1-3122 , S2-3057
TURMERIC (OCT) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-5485,R2- 5580 S1-5312 S2-5215
DHANIYA (OCT) VIEW
Trend: Consolidate | Strategy: buy on dips
R1- 4436 R2-4518, S1- 4300, S2- 4160
JEERA (OCT) VIEW
Trend: Consolidate | Strategy:buy on dips
R1- 15004,R2-15300,S1-14560, S2- 14135
MENTHA OIL (OCT) VIEW
Trend: Consolidate | Strategy: sell on high
R1-1190,R2- 1214| S1- 1148, S2- 1132
CARDAMOM (OCT) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 990, R2-1012 | S1-960, S2- 941
CASTOR SEED(OCT) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 3750, R2-3824| S1- 3640, S2- 3566
CHANA (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 4960, R2-5072| S1- 4827, S2- 4729



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