Buy Crude Palm Oil on dips: Geojit Comtrade

Written By Unknown on Kamis, 31 Januari 2013 | 14.02

Geojit Comtrade has come out with its report on Gur, Crude Palm Oil (CPO) and Refind Soy Oil. According to the research firm, one can buy Gur above Rs 1120, CPO on dips and refined Soy Oil above Rs 741.

CPO Feb MCX: CPO prices traded higher holding the support at 440.70 to close the day at 447.30 levels. Yesterday, prices penetrated the upper end of falling trend channel of 445 with streaming volume. For the day, if prices stays above the same could witness rallies towards 449.50 followed by 452/456 levels. On the other hand, any trades below 440 would negate the present buying momentum and take prices lower.

Pepper Feb NCDEX: Pepper prices skyrocketed after testing a low of 37845 and closed the session at 38800 levels. Currently, prices impending towards the key 39200 levels, which if cleared could extend the momentum towards 39470 followed by 39800 levels. However, in spite of the daily RSI being in an overbought condition, bullish momentum cannot be ruled out in near future. If unable to do so could see a corrective selling pressure.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



Anda sedang membaca artikel tentang

Buy Crude Palm Oil on dips: Geojit Comtrade

Dengan url

https://rokokkanker.blogspot.com/2013/01/buy-crude-palm-oil-on-dips-geojit.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Buy Crude Palm Oil on dips: Geojit Comtrade

namun jangan lupa untuk meletakkan link

Buy Crude Palm Oil on dips: Geojit Comtrade

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger