Geofin Comtrade report on agricultural commoditiesJeera Dec NCDEX: Jeera prices slumped lower and later closed at 15815 levels. As prices unable to surpass above the internal trend line resistance running through 16300, sentiments turned bearish and expect to see downfall, but need to clear the 45 day EMA support of 15750 levels. However, unable to break above the same could see sharp rallies towards 16200-16300 levels. In the mean time, daily RSI (14) seems to appeared to turn lower. Hence, recommend to maintain our buying strategy after completion of correction.Soybean Dec NCDEX : Prices need to break the trend line support of 3800 for the following correction towards 3770/3750/3660 levels.Cocudakl Dec NCDEX : If prices were able to hold above the support of 1680, could continue pullbacks to 1720/1740 regions.RMseed Dec NCDEX : Unable to trade above 4810, selling pressure might continue towards 4580/4550 levels.StrategiesSELL SOYBEAN BELOW 3800SELL RMSEED ON PULLBACKSBUY COCUDAKL ON DIPS For all commodities report, click here
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