01-01-2024 10:55 AM | Source: Geojit Financial Services
Agri Commodity Technical Report 01 January 2024 - Geojit Financial Services

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JEERA NCDEX JAN

Weakness likely to continue. However, a direct voluminous rise above 32700 may set in some short-covering moves.

DHANIYA NCDEX JAN

May trade sideways to weak unless 7600 is breached connivingly upside

TURMERIC NCDEX APR

Sideways to weak trades expected. A direct rise above 14360 may call for some short-covering

 

COCUDAKL NCDEX JAN

Choppy to weak trades expected unless 2810 is breached convincingly upside.

COTTON CANDY MCX JAN

Choppy moves expected.

KAPAS NCDEX APR24

Choppy moves expected.

KAPAS NCDEX APR24

Pullbacks to 1562-15680 or even more may not be ruled out. On the downside, a direct fall below 1545 may see weakness intensifying.

 

CASTOR NCDEX JAN

A direct fall below 5680 or a rise above 5850 may lend fresh direction for the day.

GUARSEED NCDEX JAN

Choppy to weak trades expected unless 5625 is breached convincingly upside.

GUARGUM NCDEX JAN

May trade sideways to weak unless 11060 is breached convincingly upside.

SUNOIL NCDEX JAN

815 is the immediate support and slippage past the same could intensify weakness. On the upside, 836 may act as key level for the day

 

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