Sell Dhaniya, Wheat, Maize on pullback: Geojit

DHANIYA June NCDEX: We expect to see an initial pullback followed by a fall towards 3600 levels.

Wheat June NCDEX: If prices break below 1175, then we expect to see a lower correction towards 1165 followed by 1150 levels for the day.

Maize June NCDEX: If prices sustain below 1150, then may see a sharp sell off towards 1100 followed by 1080 levels.

Pepper June NCDEX: As long as 38000 caps the upside, we maintain our near term bearish outlook. At the same time if prices break below 37100, then we favour a sharp correction towards 3570, followed by 36000 levels in the near term. Conversely, on the higher side, a break of 38500 levels required to negate the bearish view in the immediate run.

Cardamom June MCX: As long as prices trade above the 13, 22, 45 day EMA support of 1240, a rally is expected towards 1350 followed by 1381 levels in the immediate run. Conversely, on the lower side, If prices fall below 1240, then we expect major corrections towards 1200 followed by 1172 levels.

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