Buy Jeera, Turmeric on dip; sell RM Seed on pullback:Geojit
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Jeera, Turmeric on dip and sell RM Seed on pullback in its report dated December 12, 2012.
December 12, 2012 / 14:48 IST
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Jeera, Turmeric on dip and sell RM Seed on pullback in its report dated December 12, 2012.
Pepper Feb NCDEX: Prices traded higher and managed to close at 34390. Prices staying above the 13 day EMA support at 34390 could see pullback rallies towards 34725 followed by 34900 levels. However, any trade above 33900 could witness sell offs towards 35000/33200 levels in the near term.Jeera Mar NCDEX: Prices revived from last week’s choppy session and finally settled the day at 15485 levels. As prices broke the cluster EMA resistance at 15250 levels with a sturdy volume could lift prices upside towards 15530 followed by 15600/15725 levels in the near term. On the lower side, unexpected fall below 15200 could see long liquidations towards 15000 regions.Turmeric Jan NCDEX: Expect an upside momentum, if prices are able to stay above 6300 levels.Rmseed Jan NCDEX: Prices already punctured the support of 4155, sustained trades below the same may see selling pressure towards 4100 levels.Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.To read the full report click on the attachment 
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