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    HomeNewsBusinessStocksBuy CPO on dips, Soybean above Rs 3870 : Geofin Comtrade

    Buy CPO on dips, Soybean above Rs 3870 : Geofin Comtrade

    Geofin Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy CPO on dips, Soybean above Rs 3870 and Refined Soy oil above Rs 610 in its research report dated Jan 20, 2016.

    January 20, 2016 / 14:10 IST

    Geofin Comtrade report on agricultural commoditiesRefined Soy oil FebNCDEX : Short covering rally has been progressing and currentlyrequired to move above 610 for strong bullish moves to continue towards 615/618 levels.CPO Jan MCX : If prices able to stay above 423, expecting pullbacks rally towards 432/435 levels.Soybean Feb NCDEX : If prices wereable to surpass above 3870, sentiments may turn positive and expect to see bounce back towards 3910/3935 levels.StrategiesBUY SOYBEAN ABOVE 3870BUY REFINED SOY OIL ABOVE 610BUY CPO ON DIPSFor all commodities report, click here

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    first published: Jan 20, 2016 02:10 pm

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