Market Wrap - Natural Rubber By Geojit Financial
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JAPAN RUBBER AUG FUT
250 seems to be a relatively strong support, which if breached may see the witnessing downswing continuing. Else, may hold the same for a bounce back.
MCX RUBBER MAR FUT
16800 is the immediate support, which if held downside may call for a bounce back towards 17200/17400 or even more. However, a fall below 16800 accompanied by substantial volume may lessen the prevailing positive bias.
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