Geojit advices to buy Castor Seed, Maize, Jeera on dips

Pepper Aug NCDEX: If prices were able to stay above the 43000 levels, a rise towards 43500 is expected initially followed by 43800/44000 levels for the day. MACD positive crossover is also suggesting a bullish outlook. On the other hand, a direct fall below the support of 42500 levels then a mild profit booking may see towards 42000 levels.

Castor seed Aug NCDEX: Prices penetrated the major resistance of 3560 levels yesterday. Therefore for the day, we expect sharp rallies towards 3700 followed by 3850 levels. Moreover, a surge in volumes and a positive MACD crossover is also confirming near term bullish view. Conversely, a break of 3350 is required to dent our bullish expectations in the short run.

Jeera Aug NCDEX: We expect an initial mild profit booking, later a pullback rally towards 16000 levels.

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