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NCDEX Pepper Tips
Pepper: Pepper April futures prices are expected to trade volatile with biased towards down side on back of sluggish spot market activity. Most of the bulk buyers are staying away from market due to prevailing uncertainty in prices. According to trade sources, most of the traders are not buying currently due to financial year closing.
Now NCDEX Pepper has a resistance levels of 42533 and a support level of 40733. Buying activities are expected to pick up from early April as the industrial buyers are expected to become active.
NCDEX Chana Tips
Chana futures rebounded on short covering after falling sharply in the last few sessions. Arrivals of Chana in Madhya Pradesh and Rajasthan, the top two producing states, are likely to reach peak levels next week. In the Delhi spot market, Chana prices fell 5 rupees to 3,500 rupees per 100 kg.
NCDEX Chana has a support at 3588 and a resistance level at 3784. Buying activities are expected to pick up from early April as the industrial buyers are expected to become active.
NCDEX Tips
NCDEX Jeera (Apr):
Buy above 12000, Target: 12200-12400, Stoploss: 11830.
NCDEX Turmeric (Apr):
Buy Above 4230, Target: 4290-4350, Stoploss: 4160.
NCDEX Cardamom (Apr):
Sell Below 1155, Target: 1130-1100, Stoploss: 1175.
NCDEX Soya bean (Apr):
Buy above 3000, Target: 3025-3050, Stoploss: 2985.
NCDEX Mustard seed (Apr):
Sell below 3900, Target: 3860-3820, Stoploss: 3922.
