Geofin Comtrade report on agricultural commoditiesJeera Oct NCDEX: Jeera prices initially traded extremely sideways and lastly settled down at 15765 levels. Prices is now required to break the upper 22 day EMA resistance of 15940 for the bulls capitalize towards 16020 followed by 16300 or even further higher towards 16400 levels. In the meantime, daily RSI (14) seems neutral to higher. However, breach of the support at 15600 could see a major fall towards 15250/15100 levels. Hence, we recommend wait for the clear signal for taking fresh positions.Refined Soy oil Oct NCDEX : Upside rally would extend towards 636/645 levels in the near term.CPO Oct MCX : Prices need to clear the another resistance of 436, for the bullish move to continue towards 440/445 levels.Soybean Oct NCDEX : Bullish moves would see towards 3750/3800 levels.StrategiesBUY CPO ON DIPSBUY REFINED SOYOIL ON DIPSBUY SOYBEAN ON DIPS For all commodities report, click here
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