Pepper August futures traded lower on yesterday’s trading session. After making a high of 21125 it settled lower at 20720 levels.

As markets are trading well above the EMA suggests prices to trade higher.

The momentum indicator RSI (14) daily is treading at 0.598 levels and showing a higher potential.

However, crucial levels to watch is 20325 only breach below possible to trade lower and potential to test 19500 levels.

NCDEX Pepper August: Sell at 20750 TP 20470 SL 20970

Courtesy: Karvy Commtrade Ltd.

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