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Chaitra Navratri

NCDEX Castor Short term Bearish

Posted by : Karan Hakim on | Feb 25,2015

NCDEX Castor Short term Bearish

NCDEX Castor prices are trading in a primary uptrend indicated by higher high higher lows. Recently prices have taken resistance near previous top and declined sharply. We expect castor seed prices to trade lower in short term eyeing target at Rs.3390 with the resistance at Rs. 3780.

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