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Sell Jeera, Cocudakl on pullbacks : Geofin Comtrade

Geofin Comtrade has come out with its report on agricultural commodities. The research firm has recommended to sell Jeera, Cocudakl on pullbacks and buy CPO on dips in its research report dated Jan 27, 2016.

January 27, 2016 / 12:30 IST

Geofin Comtrade report on agricultural commoditiesJeera Mar NCDEX: In the weekly chart, as prices cleared the support, extend to see selloffs towards 13000 followed by 12800/12550 levels.Chana Apr NCDEX: Deep lower correction may continue towards 4240 followed by 4180/4140 levels. However, a mild pullback rally may towards 4280 levels, before resuming the big fall.CPO Jan MCX : If prices able to stay above 425, expecting pullbacks rally towards 432/435 levels. Cocudakl Feb NCDEX : The current selling pressure may extend towards 1970/1950 levels.StrategiesSELL COCUDAKL ON PULLBACKSSELL JEERA ON PULLBACKSBUY CPO ON DIPSFor all commodities report, click here

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first published: Jan 27, 2016 12:30 pm

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