Geofin Comtrade report on agricultural commoditiesJeera Nov NCDEX: Jeera witnessed a mild bounce back and later closed at 15450 levels. As prices were trades below 15870 sentiments turned lower to 15300/15000 or even lower to 14850 levels. Moreover, daily RSI (14) is now converging lower, suggesting bearish outlook. On the other side, a mild pullbacks would be seen to 15500-15550 before resuming the next wave of selling pressure. Hence we recommend to sell on pullbacks for the day.CPO Nov MCX : As long as 405 caps upside, bearish sentiments would continue 399/396 levels in the near term.Cocudakl Dec NCDEX : Unable to trade above 1680, could persist long liquidations towards 1650/1620 levels. StrategiesSELL JEERA ON PULLBACKSSELL CPO ON PULLBACKSSELL COCUDAKL ON PULLBACKS For all commodities report, click here
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