AgriCommodity Market News By Money CapitalHeight

* Cardamom prices fall on fresh arrivals, * Chana recovered on short recovering, looks positive this week.

INDORE, India (prHWY.com) March 28, 2012 - MARKET WRAP FOR AGRI COMMODITY
* Cardamom prices fall on fresh arrivals,
* Chana recovered on short recovering, looks positive this week.
* Turmeric prices up by 1.7 %, but likely to remain in sideways trend.

Jeera prices recovered 2.3%, we can expect some more recovery in prices as it sustains above its key support of 12000. Mentha oil up by 1%, a mixed trend is expected in the next trading session. Pepper consolidated in the range, has not shown any major movement. Soya bean extends its uptrend, prices up by 0.5%.

TECHNICAL VIEW
PEPPER (FEB) VIEW
Trend: Consolidate| Strategy: Sell On Highs
R1- 41730, R2- 42430 | S1- 41070, S2- 40370
MUSTARD SEED (APR) VIEW
Trend: Consolidate | Strategy: Buy on Dips
R1- 3921, R2- 1996 | S1- 3851, S2- 3716
SOYABEAN (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 3039 R2- 3089 | S1- 2989, S2- 2939
TURMERIC (MAY) VIEW
Trend: Consolidate | Strategy: Sell on High
R1- 4270, R2- 4370| S1-4170, S2-4070
GUARSEED (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 25560, R2-25200 | S1- 24960 S2- 24600

JEERA (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 12320, R2- 12620 | S1-12020, S2- 11720
MENTHA OIL (JAN) VIEW
Trend: Consolidate | Strategy: Sell On Highs
R1- 2124, R2- 2150 | S1- 2098, S2- 2072
CARDAMOM (FEB) VIEW
Trend: Consolidate | Strategy: Sell On Highs
R1- 1168, R2- 1182| S1-1154, S2- 1140
CHANA (FEB) VIEW
Trend: Consolidate| Strategy: Buy On Dips
R1- 3746, R2-3816| S1- 3676, S2- 3606
GUARGUM (FEB) VIEW
Trend: Consolidate | Strategy: Buy On Dips
R1- 81370, R2- 82570| S1- 80570, S2- 79370
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