Agri Commodity Technical Report 01 January 2024 - Geojit Financial Services
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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