Daily AgriCommodity Report By Money CapitalHeight 24-12-2012

Mentha Oil surged for second consecutive day to close with a gain of more than 2% on consistent demand in domestic markets.

Indore, India (prHWY.com) December 24, 2012 - MARKET WRAP FOR AGRICOMMODITY
* Mentha Oil extended advance gaining more than 2% on demand revival.
* Cardamom closed the session virtually flat amid volatility.
* Dhaniya showed slight recovery closing with moderate gains.
Mentha Oil surged for second consecutive day to close with a gain of more than 2% on consistent demand in domestic markets. Chana and Soybean ended the day with minimal gains on a day of low trading interest and volume. Dhaniya showed recovery after the correction of last trading session and ended higher by close to 1%.
TECHNICAL VIEW
PEPPER (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-35400, R2- 36170 | S1- 34350 S2-33600
RM SEED (DECEMBER) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 4322, R2-4410 | S1-4200 ,S2- 4120
SOYABEAN (DECEMBER) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3330 , R2-3400 | S1- 3230 S2-3165
TURMERIC (DECEMBER) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 6470, R2-6595 | S1-6270 S2-6145.
DHANIYA (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-5335, R2-5440, S1-5180 , S2-5070
JEERA (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-15830 ,R2-16140 S1-15360 , S2-15050
MENTHA OIL (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1444, R2-1472 | S1-1400 , S2- 1372
CARDAMOM (DECEMBER) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1040 , R2-1057 | S1-1006, S2-980
CASTOR SEED (DECEMBER) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3930, R2-4000| S1-3812, S2- 3735
CHANA (DECEMBER) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-4080, R2-4160| S1-3970, S2-3880


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