Sell Cardamom, Gur on rally: Geojit Comtrade

Geojit Comtrade has come out with its report on Gur, Cardamom and Jeera. According to the research firm, one can sell Gur, Cardamom on pullbacks and Jeera below Rs 14880.

Pepper Dec NCDEX: As discussed yesterday inability to charge above 41200, triggered a sell off and later closed at 40780 levels. It is now required to break below the immediate technical base of 40450 for bearish trend to continue towards 40000 followed by 39500 levels in the immediate run. Otherwise, foresee choppy trading session in the near term.

Gur Dec NCDEX: Prices nosedived from 1080 and finally settled at 1063 levels. As the prices broke major support of 1070, bears came into play in the counter and for the day expect to witness sell off towards 1060 followed by 1052/1040 levels. However, bearish tone could vanish only on a consistent trade above 1082 levels in the near term.

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