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NCDEX Pepper:
A strong support is seen at 37400 levels. any break of the same with volume would see a strong sell off towards 36700 followed by 36000 levels for the day. However, an inability to break below the same may turn prices to witness a short covering rally towards 38900/39200 levels. A break of 39650 would be an early signal of reversal. It is trading in a down trend with having a resistance of 38480 and a support level of 37720. We suggest you to Sell pepper on higher Levels.
NCDEX Jeera
Jeera futures fell nearly 1 percent on Tuesday afternoon on selling by traders who took advantage of last week's rise in prices; though a drop in spot supplies restricted the downside. A strong support is seen at 12000 levels, breaks below the same with volume could see prices drifting lower towards 11800 levels. We suggest you to Sell jeera on higher Levels.
NCDEX Chana:
A direct fall below 3640 could take prices lower towards 3645 followed by 3600 levels. Chana futures fell for a second straight day in low volume trade on increased supplies from the new season crop. It is trading in a consolidate pattern with having a resistance of 4107 and a support level of 3849. We suggest you to Sell Chana on higher Levels.
