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NCDEX Jeera Tips
Arrivals of jeera crop were unchanged 35000 bags while most of the crop was sold at auctions held at Unjha market. Spot rates for new crop stood steady at 112-114 per kg, supported by demand from local & export buyers, as per local trader. NCDEX jeera has a down trend. NCDEX jeera has resistance at 11833 and a major support at 11643. We suggest to sell ncdex jeera at high levels.
NCDEX Pepper Tips
In Jeera spot rates of pepper garbled increased to 390 per kg and that of un-garbled was up at 375 per kg. Arrivals declined to 4 tons while trades too were down at 7 tons at Kochi market -IPSTA. NCDEX Pepper has a bullish trend. NCDEX pepper has resistance at 39065 and a major support at 38015. We suggest to buy ncdex pepper at lower levels.
NCDEX Chana Tips
In NCDEX Chana total arrivals of chana crop stood steady around 3-3.2lakh bags, across major trading centers while spot rates were unchanged & offered in the range of 36-37 per kg, as per market reports. NCDEX Chana has a consolidate trend. NCDEX Chana has resistance at 3714 and a major support at 3580. We suggest to sell ncdex chana at higher levels.
