Daily AgriCommodity Report By Money CapitalHeight 3-12-2012

Cardamom continues its up rally closing higher by more than 2% on account of rising demand in domestic markets due to wedding season.

Indore, India (prHWY.com) December 3, 2012 - MARKET WRAP FOR AGRICOMMODITY
* Soybean plunges more than 3% on ample supply in the markets.
* Cardamom advanced more than 2% on wedding season demand.
* Pepper shows slight recovery closing with a gain of more than 1%.
Cardamom continues its up rally closing higher by more than 2% on account of rising demand in domestic markets due to wedding season. Pepper manages to sustain on its crucial support level as winter season demand prevents the prices from falling further. Dhaniya tumbled close to 3% on the back of profit booking by traders...
TECHNICAL VIEW
PEPPER (DEC) VIEW
Trend: Consolidate | Strategy: sell on high
R1-37910 ,R2- 38940| S1- 36710, S2-36190
RM SEED (DEC) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 4175, R2- 4255 | S1- 4090 ,S2- 4035
SOYABEAN (DEC) VIEW
Trend: Consolidate| Strategy: buy on dips
R1- 3290 R2- 3335 S1-3220 , S2-3138
TURMERIC (DEC) VIEW
Trend: Consolidate | Strategy: sell on high
R1-5130,R2-5250 S1-4940,S2-4877
DHANIYA (DEC) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 5278 R2-5340, S1- 5107, S2- 5005
JEERA (DEC) VIEW
Trend: Consolidate | Strategy:sell on high
R1- 14580,R2-14930 S1-14208, S2- 13980
MENTHA OIL (NOV) VIEW
Trend: Consolidate | Strategy: buy on dips
R1-1370,R2- 1394| S1- 1325 S2- 1300
CARDAMOM (DEC) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 996 R2-1015 S1-961, S2- 844
CASTOR SEED(DEC) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 3500 R2-3565| S1- 3385, S2- 3316
CHANA (DEC) VIEW
Trend: Consolidate | Strategy: sell on high
R1- 4345 R2-4430| S1- 4215, S2- 4130

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