September 05, 2012 / 12:13 IST
Geojit Comtrade has come out with its report on pepper, sugar and gur. The research firm has recommended to buy sugar on dips, pepper above Rs 43100 and gur above Rs 1212, in its report dated September 05, 2012.
Pepper Oct NCDEX: Prices regained yesterday and finally settled the session at 42800 levels. A 22, 45 day Cluster EMA resistance is seen at 43100 levels, a break of the same with streaming volume could lift prices upward initially towards Rs 43500 followed by Rs 43800 or even higher towards Rs 44000 levels. However, inability to do so could continue choppy trading session.Sugar Oct NCDEX: Sugar prices escalated higher on Tuesday and closed at Rs 3654 levels. If prices are able to buoyant above Rs 3645 then upside rally may continue towards Rs 3689 followed by Rs 3720 levels. Moreover, the daily RSI and MACD indicators are providing signals of positive bias. Conversely, any trades below Rs 3600 could trigger downside correction.Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.To read the full report click on the attachment 
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