Agri Commodity Technical Report 04 January 2024 - Geojit Financial Services
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JEERA NCDEX MAR
A voluminous rise above 28600 or a fall past 26700 may lend fresh direction for the day.
DHANIYA NCDEX APR
May trade sideways to weak unless 7900 is breached convincingly upside.
TURMERIC NCDEX APR
Pullbacks to 13900/14100 ranges may not be ruled out even as there prevails a weak bias. An unexpected rise above 14300 may improve sentiments.
COCUDAKL NCDEX FEB
May vary inside 2775-2690 ranges.
COTTON CANDY MCX JAN
Choppy moves expected.
KAPAS NCDEX APR24
Choppy to weak trades expected unless 1572 is breached convincingly upside.
CASTOR NCDEX FEB
Higher level selling likely unless 5780 is breached convincingly upside.
GUARSEED NCDEX FEB
As long as support at 5280 is held downside, pullbacks to 5380-5410 or even more may not be ruled out even as there prevails a weak bias.
GUARGUM NCDEX FEB
10460 is the immediate resistance and a voluminous rise above may set in shortcovering moves. On the downside, a voluminous fall past 10250 could intensify weakness.
SUNOIL NCDEX JAN
May trade sideways to weak unless 832 is breached convincingly upside
