Yesterday, castor seed had well played with speculators’. If you’re NCDEX players, then you must have eyes on castor seed. On last trading session it had closed at 3839 in -16 rupees loss.
Hurdle: 3862
If it stays below the hurdle, then it will 110% go down and hit 3810-3794 levels.
And if castor seed will break the hurdle and take rest more than an hour then it could break last week high too!
Now, castor seed all cards in your hand. Choice is yours!
Guarseed is planning to take a U-turn. Intraday sellers may continue selling after crossover the 3250 level. More information I’ll update during market hours about NCDEX Guar seed.
Support: 634.5 & Hurdle: 633
Once it touches the support level after you may jump for 642-646+ levels. Below the hurdle, big downfall are waiting (up to 630-625.5 levels)!
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