Sell Castor Seed, Wheat on pullbacks: Geojit

Pepper Oct NCDEX: If prices are able to sustain above 13, 22, 45 day cluster support of 43000 levels, the near term trend remains on the higher side, but it is required to clear 43825 with sturdy volume for the rally to keep on towards 44000 followed by 44250/44500 levels. However, on the other side, unexpected fall below 42800 could dent our positive expectations.

Castor seed Oct NCDEX: Prices nosedived on Saturday and finally closed the day at 3375 levels. As prices broke the major downside obstacle of 3500 levels we expect extension of lower correction towards 3250 followed by 3000 levels in the immediate run. On the other side, abrupt rise above 3500 could see a pullback rally for the day.

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