Sell Soybean, Cardamom on pullbacks : Geofin Comtrade

Geofin Comtrade report on agricultural commoditiesJeera Dec NCDEX: Jeera prices further collapsed yesterday and later closed at 15675 levels. As prices unable to surpass above the internal trend line resistance running through 16300, sentiments turned bearish and expect to see downside correction towards 15500/15300 levels. Moreover, daily RSI (14) seems to appeared to turn lower. However, unable to clear the downside support of 15500 could see pullback rally. Hence, recommend to stay away for the clear trend. Cardamom Jan MCX : Short covering rally seems to be exhausted and expect to see downside correction towards 735/720 levelsSoybean Dec NCDEX : While prices broke the support of 3800, following correction would extend towards 3770/3750/3660 levels.Cocudakl Dec NCDEX : Current buying momentum could continue towards 1745/1780 regions.StrategiesSELL SOYBEAN ON PULLBACKS BUY COCUDAKL ON DIPSSELL CARDAMOM ON PULLBACKSFor all commodities report, click here

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