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Buy RM Seed, Cardamom, Castorseed on pullbacks : Geofin

Geofin Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy RM Seed, Cardamom, Castorseed on pullbacks in its research report dated Jan 22, 2016.

January 22, 2016 / 13:08 IST

Geofin Comtrade report on agricultural commoditiesJeera Mar NCDEX: 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 unable 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.Cardamom Feb MCX : Foresee downfall towards 730/710 levels in the near term.RMseed Apr NCDEX : Expect to see lower correction towards 3970/3940 levelsStrategies SELL CARDAMOM ON PULLBACKS SELL CASTORSEED ON PULLBACKSSELL RMSEED ON PULLBACKSFor all commodities report, click here

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first published: Jan 22, 2016 01:08 pm

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