Agri Commodity Technical Report 02 January 2024 - Geojit Financial Services
JEERA NCDEX JAN
Weakness likely to continue. A direct rise above 30800 may set in short covering moves
DHANIYA NCDEX JAN
May trade sideways to weak unless 7400 is breached convincingly upside.
TURMERIC NCDEX APR
Sideways to weak trades expected. A direct rise above 14360 may call for some short-covering.
COCUDAKL NCDEX JAN
Pullbacks to 2740-2760 ranges may not be ruled out. A direct fall below 2695 may call for more downside.
COTTON CANDY MCX JAN
Choppy moves expected.
KAPAS NCDEX APR24
Choppy to weak trades expected unless 1572 is breached convincingly upside.
CASTOR NCDEX JAN
Higher level selling likely unless 5760 is breached convincingly upside.
GUARSEED NCDEX JAN
Pullbacks to 5460 or even more to 5510 ranges may not be ruled out even as there exist weakness.
GUARGUM NCDEX JAN
Pullbacks to 10730/10860 ranges may not be ruled out even as there exist weakness.
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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