Pepper June ncdex: After a major rally witnessed last week, it went
lower towards 37950 levels. Later, it recovered from there and is
currently hovering at 39750 levels. We expect a pullback rally towards
30500 then 30700 levels. But, it is required to break above 41000
levels for the next major rally to re-emerge in the near term.
Conversely, any break of below 37800 may see downside correction in
the near term......

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