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Pepper February delivery dropped Rs 340 and settled at Rs 22280/quintal due to arrivals from the fresh crop and subdued overseas demand due to higher prices of Indian produce. Tight supply position against strong demand was witnessed in the global markets. Fresh arrivals from new crop were not much as harvesting delayed in Kerala due to untimely rains.

Guar yesterday we have seen that market has moved -1.16% on profit booking amid owing to better arrivals in the domestic mandis. Since the first week of January, there has been an increase in overseas enquiries, especially from the US and China, which has prompted local stockiest and processors to increase buying of guar seed. India has exported almost 64000 tonnes of guar gum so far in the current year against the market expectation of around 80000 tonnes.

Technical analyst Ashutosh Sarna has maintained 'buy' rating on Suzlon Energy Limited stock with targets of Rs 52 and 55.

According to analyst, the stock can be purchased with a stop loss of Rs 48.80.

The stock of the company, on January 28, closed at Rs 49.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 82.35 and a low of Rs 45 on BSE.

Current EPS is -9.07.

India's Suzlon Energy received a US$1.28bn order from Caparo Energy for 1000 mega watt of wind power ventures in the country.

Nickel prices were expected to soar further this year due to tight supply and rapidly rising demand. Nickel yesterday traded with the negative node and settled -0.25% down at 1224.4. Some support had been seen from the LME stock also which came down by -888mt, the total stock at LME is now at 134298mt.

In yesterday's trading session nickel has touched the low of 1222.3 after opening at 1225.2, and finally settled at 1224.4. For today's session market is looking to take support at 1221.7, a break below could see a test of 1219 and where as resistance is now likely to be seen at 1227.7, a move above could see prices testing 1231.

Technical analyst Salil Sharma has maintained 'buy' rating on Petronet LNG Limited stock with a target of Rs 131.

According to analyst, the investors can purchase the stock with a stop loss of Rs 125.

The stock of the company, on January 28, closed at Rs 126.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 136 and a low of Rs 70 on BSE.

Current EPS & P/E ratio stood at 6.81 and 18.16 respectively.

Zinc yesterday traded with the negative node and settled -0.51% down at 107.25 due to profit booking on weekend. Some support had been seen from the LME stock also which came down by -125mt, the total stock at LME is now at 710925mt. In yesterday's trading session zinc has touched the low of 107.1 after opening at 107.7, and finally settled at 107.25.

For today's session market is looking to take support at 107, a break below could see a test of 106.7 and where as resistance is now likely to be seen at 107.7, a move above could see prices testing 108.1. Trading Ideas: Zinc trading range is