Daily AgriCommodity Report By Money CapitalHeight 1-11-2012

Pepper witnessed a sharp fall in last trading session of the month giving breakout from a crucial support level and closed with a net loss of close to 3%

Indore, India (prHWY.com) November 1, 2012 - MARKET WRAP FOR AGRICOMMODITY
* Soybean ended higher by more than a percent on short covering.
* Pepper plunged almost 3% on breakout from a major support level.
* Jeera closed absolutely flat amid volatility....
Pepper witnessed a sharp fall in last trading session of the month giving breakout from a crucial support level and closed with a net loss of close to 3%. Cardamom continues its bearish trend falling for third consecutive day on continuous stock arrival. Castor Seed ended lower by more than 1% due to adequate supply in the markets...
TECHNICAL VIEW
PEPPER (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-43750 ,R2- 44450| S1- 42325, S2-41466
RM SEED (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 4259, R2- 4342 | S1- 4133 ,S2- 4049
SOYABEAN (NOV) VIEW
Trend: Consolidate| Strategy: buy on dips
R1- 3339, R2- 3375 S1-3220 , S2-3175
TURMERIC (NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1-5220,R2- 5318 S1-5060 S2-4940
DHANIYA (NOV) VIEW
Trend: Consolidate | Strategy: buy on dips
R1- 4487 R2-4575, S1- 4355, S2- 4266
JEERA (NOV) VIEW
Trend: Consolidate | Strategy:buy on dips
R1- 14545,R2-14832 S1-14115, S2- 13828
MENTHA OIL (OCT) VIEW
Trend: Consolidate | Strategy: sell on high
R1-1192,R2- 1216| S1- 1157, S2- 1110
CARDAMOM (NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 822 R2-855 S1-798, S2- 782
CASTOR SEED(NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 3762 R2-3689| S1- 3580, S2- 3507
CHANA (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 4782 R2-4876| S1- 4675, S2- 4560

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