Sell Turmeric on pullbacks, Jeera below Rs 15620 : Geofin

Geofin Comtrade report on agricultural commoditiesJeera Oct NCDEX: Jeera prices traded extremely sideways and later closed at 15825 levels. Prices is currently need to breach the horizontal trend line support of 15620 for the selling pressure to continue towards 15500 followed by 15350 levels. Moreover, the daily RSI (14) is also supporting the potential fall. Conversely, a mild pullbacks cannot be ruled out at this stage towards 15920 regions before commencing next movement of downside correction for the day. Hence, overall we recommend to sell on pullbacks for the day.Cocudakl Dec NCDEX : Inability to ride above 1620, could see selloffs towards 1560/1530 levels in the near term.Turmeric Oct NCDEX : We expect to see continuation of downfall towards 7500 levels.StrategiesSELL COCUDAKL BELOW 1560 SELL JEERA BELOW 15620SELL TURMERIC ON PULLBACKSFor all commodities report, click here

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