Pepper Apr NCDEX: Pepper traded extremely sideways in previous session and later settled at 34580. On trades below 34230, selloffs could continue towards 33800 or even lower to 33500/32800 levels in the near term. However, on the higher side, if prices manage to close above 35250 expect upside journey towards 36000. In the meantime, daily RSI indicates neutral bias with declining volume.
Castorseed Apr NCDEX: Prices bounced back from the support of 3740 and finally settled at 3805. If the support of 3830 is breached, expect to continue the upside moves towards 3875 followed by 3900/3935 levels. Moreover, while the rates are steady above 3770 bullish outlook is likely in the counter. Conversely, on the other side, slippage below 3700 could call for a deep lower correction towards 3670/3625 levels.
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Buy Castorseed above Rs 3830: Geojit Comtrade
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