Sharekhan Commodities Buzz dated January 15, 2007

[Sunil]

 

Commodities Buzz [January 15, 2007] Please see the attachment for details Share khan www.sharekhan.com

Summary of Contents   COMMODITIES BUZZ Gram (chana): Short covering ahead of expiry The counter has witnessed some sharp upmoves on heavy short covering, as the players want to avoid delivery. There were also instances of speculative buying since the industry experts believe that the production of chana would be lower than last year. However, due to the uncertainty over the output levels, any sharp move in either direction is ruled out at this stage for the February contract.

Regards, The Sharekhan Research Team myac...@sharekhan.com

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