Daily AgriCommodity Report By Money CapitalHeight 26-10-2012

Castor Seed witnessed a decline of around 2% on adequate supply of the commodity in the markets.

Indore, India (prHWY.com) October 26, 2012 - MARKET WRAP FOR AGRICOMMODITY
* Soybean soars almost 4% on rising domestic and export demand.
* RM Seed continues to rise on high demand against thin supply.
* Jeera ended lower by more than 2% amid volatility..
Castor Seed witnessed a decline of around 2% on adequate supply of the commodity in the markets. Soybean surged to end a whisker short to circuit of 4% on improved soy meal export demand as well as good domestic demand. Chana regains to end higher by 1.56% as traders bought fresh lots of the commodity at attractive levels.
TECHNICAL VIEW
PEPPER (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-44842 ,R2- 45726| S1- 43517, S2-42634
RM SEED (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 4405, R2- 4492 | S1- 4250 ,S2- 4188
SOYABEAN (NOV) VIEW
Trend: Consolidate| Strategy: sell on high
R1- 3406, R2- 3474 S1-3306 , S2-3230
TURMERIC (NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1-5050,R2- 5150 S1-4900 S2-4802
DHANIYA (NOV) VIEW
Trend: Consolidate | Strategy: buy on dips
R1- 4650 R2-4738, S1- 4500, S2- 4418
JEERA (NOV) VIEW
Trend: Consolidate | Strategy:buy on dips
R1- 14978,R2-15300 S1-14536, S2- 14240
MENTHA OIL (OCT) VIEW
Trend: Consolidate | Strategy: sell on high
R1-1168,R2- 1190| S1- 1134, S2- 1110
CARDAMOM (NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 854 R2-880 S1-829, S2- 812
CASTOR SEED(NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 3842 R2-3865| S1- 3610, S2- 3550
CHANA (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 4764, R2-4857| S1- 4622, S2- 4560

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