Buy Cardamom on dips; sell Castorseed on pullback: Geojit

Pepper June NCDEX: Inability to break and sustain above 38400 (22 day EMA) resistance could see range bound trading for the day. On the higher side, a break above 38600-38700 regions is required for a major rally to pick up targeting towards 39200 followed by 40000 in the near term. On the lower side, break of 37000 may witness a sharp correction towards 36100 levels in the immediate run.

Cardamom June MCX: Day’s bias seen positive as long as prices are able to trade above 1272 levels. But, it has to break above 1350 levels for the next bullish wave to continue towards 1380 followed by 1410 levels in the immediate run. On the other side, if prices break below 1235 then our bullish view may negate for the day.

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