Daily AgriCommodity Report By Money CapitalHeight 01-01-2013

Dhaniya witnessed a sharp surge in prices ending higher by nearly 3% breaking its previous 52-week high on account of lower acreage in the Rabi season.

indore, India (prHWY.com) January 1, 2013 - MARKET WRAP FOR AGRICOMMODITY
* Turmeric rallies close to 3% on estimates of fall in production.
* Soybean declines more than a percent tracking global cues.
* Dhaniya extended gains to close above its 52-week high at 5466.
Dhaniya witnessed a sharp surge in prices ending higher by nearly 3% breaking its previous 52-week high on account of lower acreage in the Rabi season. Cardamom remains in consolidation phase closing the session with moderate gains. Chana shows slight recovery after a week of sharp decline gaining more than a percent.
TECHNICAL VIEW
PEPPER (February) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-34745, R2- 35430 | S1- 33720 S2-33030
RM SEED (January) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 4240, R2-4325 | S1-4115 ,S2- 4030
SOYABEAN (January) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3250 , R2-3315 | S1- 3150 S2-3090
TURMERIC (April) VIEW
Trend: Bullish | Strategy:Buy on dips
R1- 6885, R2-7020 | S1-6680 S2-6545
DHANIYA (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-5550, R2-5660, S1-5385 , S2-5270
JEERA (March) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1-14920 ,R2-15215 S1-14480 , S2-14185
MENTHA OIL (January) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1452, R2-1480 | S1-1408 , S2- 1380
CARDAMOM (January) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1-1035 , R2-1056 | S1-1005, S2-984
CASTOR SEED (January) VIEW
Trend: Bullish | Strategy: =Buy on dips
R1-3760, R2-3830| S1-3650, S2- 3570
CHANA (January) VIEW
Trend: Consolidate | Strategy: Sell on high
R1-3905, R2-3980| S1-3790, S2-3710

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