NCDEX Jeera Outlook :-
Last week Jeera did our target of 14800 below the level of 15200 and even sustained below it. Last week Jeera opened with a high selling pressure and price remained bearish for most part of the week. A slight short covering was seen in Jeera later in the week but price was still not able to sustain at higher levels. For this week Jeera has important resistance at 15200 and support at 14200.
Jeera Trend and Tips for This Week :-
Jeera is in a short term consolidate trend and one should use the strategy of sell on higher levels. If in this week Jeera sustains above the level of 15200 then we can see the level of 15600. For downside if Jeera breaks the level of 14200 we can expect the level of 13800.
Pepper Trading Strategy :-
Pepper is in a major bullish trend. For this week in Pepper traders should go for buy on lower levels strategy, if Pepper sustains above 42500, it can touch the level of 43300 and on the downside if it breaks the level of 40575 we can see the level of 39700.
Chana Tips :-
Chana is in a major bullish trend and one can go for buy on lower levels strategy in it. For this week if Chana sustains above the level of 4750 we can see the level of 4830 and on the down side if it sustains below the level of 4560 we can see the level of 4480.
