Jeera Feb’12, futures prices moved up by 200 rupees to close at Rs 16240 levels. Entry was not initated but moved on the higher side. It has moved up to trade on the symmetrical triangle to signal upside movement. Market has moved up to confirm symmetrical triangle breakout to suggest prices to trade higher. Now it will take support at Rs 16090 levels and breach of this level could test next support of Rs 15931 levels. On the higher side resistance is at Rs 16410 levels and next resistance is at Rs 16595 levels. Pepper Feb’12, futures price remained unchanged, at the end of the session it closed at Rs 32645 levels. So traders are advised to buy at same level.So it take same support and resistance. Traders are advised to buy at Rs 32085 levels. RSI-14 is moving on the higher side. Resistance is at Rs 32960 level and next resistance is at Rs 33340 levels. Support is at Rs 32084 levels, and next support of Rs 31480 levels. Prices to move on the higher side.
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