Last Updated :
February 10, 2012 14:00
Pepper gains on short covering, sell NCDEX Feb below 30000
Pepper prices settled up by 0.98 to Rs.29800 due to short covering despite heavy selling pressure on weak spot market.
Pepper players at sources, particularly in Vietnam, Sarawak and Indonesia were celebrating Lunar New Year.
In Vietnam, Tet holidays started from end of last week through January 29. Trading activity is expected to become normal by next week, in anticipation of pepper harvest in Vietnam to begin in February.
SELL NCDEX PEPPER (FEB) BELOW 30000 SL 30700 TGT 29000
R1 30700 R2 31300 S1 29300 S2 29000.
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MCX SILVERMICRO 30 June 2012
contract was trading at
Rs 55960 , up Rs. 228 . What's your view on it?
