Daily AgriCommodity Report By Money CapitalHeight 19-12-2012

Jeera remains positive on thin supplies in the spot market due to slow progress of sowing on lesser rains.

Indore, India (prHWY.com) December 19, 2012 - MARKET WRAP FOR AGRICOMMODITY
* Cardamom remains bullish and closed at 4% upper circuit on lower production.
* Jeera consolidates with positive biasness on thin supply.
* Chana shown volatile movement and closed with marginal gains of 0.4%..
Jeera remains positive on thin supplies in the spot market due to slow progress of sowing on lesser rains. Cardamom closed at upper circuit on lower domestic production as compare to demand. Turmeric closed with 2% gains after crossing its resistance level, from last few trading session it has being in consolidation phase.
TECHNICAL VIEW
PEPPER (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-39788, R2- 40572 | S1- 38612 S2-37828
RM SEED (DECEMBER) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 4160, R2-4242 | S1-4037 ,S2- 3955
SOYABEAN (DECEMBER) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3380 , R2-3445 | S1- 3280 S2-3213
TURMERIC (DECEMBER) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 5510, R2-5617 | S1-5345 S2-5240
DHANIYA (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-5186, R2-5289, S1-5033 , S2-4931
JEERA (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-15120 ,R2-15415 S1-14670 , S2-14375
MENTHA OIL (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1371, R2-1398 | S1-1331 , S2- 1304
CARDAMOM (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1035 , R2-1055 | S1-1004, S2-984
CASTOR SEED (DECEMBER) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3847, R2-3922| S1-3733, S2- 3657
CHANA (DECEMBER) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-4179, R2-4261| S1-4055, S2-3973

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