Agri Commodity Technical Report 01 January 2025 - Geojit Financial Services Ltd
TECHNICAL VIEW
JEERA NCDEX JAN
Sustained rise above 24500 may call for 24800/25400. In the meantime, dips to 24200-24000 ranges may not be ruled out as well.
DHANIYA NCDEX JAN
Dips to 8000-7900 ranges may not be ruled out even as there prevails a positive bias.
TURMERIC NCDEX APR
May stretch gains. An unexpected fall below 14400 may call for more downside correction.
COCUDAKL NCDEX JAN
2710 is the immediate resistance and voluminous rise above the same may call for 2735 or even more. Inability to clear the same may see dips to 2760 ranges.
KAPAS NCDEX APR25
1510 is the immediate resistance and inability to clear the same may see sideways to weak trades.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX JAN
May trade sideways with mild positive bias as long as support at 6320 is held downside.
GUARSEED NCDEX JAN
A rise above 5360 or a fall past 5240 may probably lend fresh direction for the day.
GUARGUM NCDEX JAN
Unless 10470 is breached convincingly upside, may trade sideways to weak.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
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