Daily AgriCommodity Report By Money CapitalHeight 2-11-2012

Soybean ended higher by 2% on rising export demand as reports emerge that weather is not conducive for soybean sowing in major commodity producing nations.

Indore, India (prHWY.com) November 2, 2012 - MARKET WRAP FOR AGRICOMMODITY
* Castor Seed tumbled more than 3% on major level breakout.
* Soybean up by 2% tracking global cues and rising export demand.
* Dhaniya plunges close to 3% due to higher stock arrival.....
Soybean ended higher by 2% on rising export demand as reports emerge that weather is not conducive for soybean sowing in major commodity producing nations. Chana witnessed decline of more than 1% on higher sowing prospects. Pepper falls marginally on expectation of higher crop this season along with subdued export demand....
TECHNICAL VIEW
PEPPER (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-43750 ,R2- 44300| S1- 42100, S2-41302
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- 3415, R2- 3465 S1-3315 , S2-3220
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- 4376 R2-4487, S1- 4246, S2- 4160
JEERA (NOV) VIEW
Trend: Consolidate | Strategy:buy on dips
R1- 14322,R2-14604 S1-13898, S2- 13616
MENTHA OIL (OCT) VIEW
Trend: Consolidate | Strategy: sell on high
R1-1215,R2- 1244| S1- 1182, S2- 1148
CARDAMOM (NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 807 R2-830 S1-784, S2- 767
CASTOR SEED(NOV) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 3568 R2-3610| S1- 3462, S2- 3400
CHANA (NOV) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 4716 R2-4810| S1- 4577, S2- 4505

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