Spices outlook

Chilli (NCDEX) look range bound market as the new crop would be arrival during mid of feb, there would be less volatile in market, as chilli would be range between 2923-3015 as it would be played between these level any break down level of chilli look bearish term, whereas long term market look bearish.

Pepper(NCDEX) look bearish in trend, as there is fresh dumping done from srilanka which is illegal as the market has fallen down

Kaushal Shah
Cell: 9869069203
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