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HomeNewsBusinessStocksBuy Refined Soy oil, CPO on dips : Geofin Comtrade

Buy Refined Soy oil, CPO on dips : Geofin Comtrade

Geofin Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Refined Soy oil, CPO on dips, Cocudakl on pullbacks in its research report dated Jan 25, 2016.

January 25, 2016 / 12:29 IST

Geofin Comtrade report on agricultural commoditiesJeera Mar NCDEX: Market seems to be range bound and If unable to move above 13950 could drag the prices lower to 13500/13420 levels. On the other side, a direct rise above 13950 with strong volume may see sharp rally to 14120 levels.Chana Apr NCDEX: If inability to trade above 4370, expect to see lower correction to 4240/4220 or further lower to 4180 levels. However, mild short covering could not be rule out towards 4300/4340 levels.Refined Soy oil Feb NCDEX : As prices cleared the resistance of 610 strong bullish moves to continue towards 615/618 levels. Cocudakl Feb NCDEX : If unable to trade above 2060, expect to see 2010/1980 levels. CPO Jan MCX : If prices able to stay above 425, expecting pullbacks rally towards 432/435 levels.StrategiesSELL COCUDAKL ON PULLBACKSBUY REFINED SOYOIL ON DIPSBUY CPO ON DIPS

For all commodities report, click hereDisclaimer: 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.
first published: Jan 25, 2016 12:29 pm

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