Turmeric remains weak on account of higher stocks and estimates of better production in major producing regions against sluggish demand in the domestic markets.
(prHWY.com) January 28, 2013 - Indore, India -- MARKET WRAP FOR AGRICOMMODITY
* Pepper extends gains on limited supply of edible stock.
* Dhaniya shows slight correction on profit booking at higher levels.
* Jeera down more than 1% facing resistance from downward trend line.
Turmeric remains weak on account of higher stocks and estimates of better production in major producing regions against sluggish demand in the domestic markets. Soybean declines for second consecutive day closing with moderate loss due to decrease in export demand. Dhaniya loses more than a percent on profit booking at higher levels.
TECHNICAL VIEW
PEPPER (February) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-38770, R2- 39540 | S1- 37625 S2-36860
RM SEED (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 3525, R2-3595| S1-3420 ,S2- 3350
SOYABEAN (February) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3300 , R2-3370 | S1- 3205, S2-3140
TURMERIC (April) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 6290, R2-6420 | S1-6110 S2-5980
DHANIYA (April ) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-7210, R2-7350, S1-7000, S2-6855
JEERA (March) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-13620 ,R2-13890 S1-13220 , S2-12950
MENTHA OIL (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1315, R2-1341 | S1-1276 , S2- 1250
CARDAMOM (February) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1082 , R2-1104 | S1-1051, S2-1030
CASTOR SEED (February) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3645, R2-3715| S1-3540, S2- 3465
CHANA (April ) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3680, R2-3755| S1- 3575, S2-3500
Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company having a strong hold in providing most authentic and accurate MCX Tips as well as Commodity tips . We are a team of highly qualified and experienced analysts team, who deliver their expertise in providing stock market calls for traders which include tips MCX Tips as well as Commodity tips . All services are provided through SMS and Instant Messenger. Our research is based around these services:
Stock tips
Commodity tips
Mcx tips.
Equity tips
Intraday tips
For 2 Days Free Trial, please visit our site at
http://www.capitalheight.com or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 4295 - 950 Or email us at: contact@capitalheight.com
###