NCDEX Chilli futures on the sharp decline in prices. Chilli futures prices are down 3.5 per cent. Important thing is that despite being short on the side margin of 5 per cent special red pepper is a declining trend. then took stock of the markets in Andhra Pradesh, Guntur and surrounding areas showed that sowing has started in the red pepper. Last days of rain, farmers have started sowing in the first week of July. The Chilli acreage this year is also expected to grow.
Gram (August Futures): Buy - 2800, stoploss - 2760 and target - 2870
Refined Soya (August Futures): Buy - 638, stoploss - 633 targets - 645
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