Agri Commodity Technical Report 04 October 2024 - Geojit Financial Services Ltd
JEERA NCDEX OCT
Pullbacks to 26600-26800 ranges may not be ruled out. However, a voluminous rise above 27150 is required for the sentiments to improve..
DHANIYA NCDEX OCT
Choppy to weak trades expected unless 7460 is breached convincingly upside.
TURMERIC NCDEX OCT
While there prevails a weak bias, pullbacks to 13800/14000 ranges may not be ruled out. A direct voluminous fall past 13400 could intensify weakness.
COCUDAKL NCDEX DEC
While there prevails a weak bias, pullbacks to 2950-2980 ranges may not be ruled out as well.
COTTON CANDY MCX NOV
Choppy moves expected.
KAPAS NCDEX APR25
1584 is the immediate support, which if held downside may call for a bounce up. Else, expect weakness to continue
CASTOR NCDEX OCT
As long as support at 6800 is held downside, sideways moves with mild positive bias can be anticipated. Slippage past 6800 accompanied by considerable volume may set in profit booking.
GUARSEED NCDEX OCT
Pullbacks to 5580/5620 ranges may not be ruled out. A direct voluminous fall below 5510 could intensify weakness.
GUARGUM NCDEX OCT
11150 is the immediate support, which if held downside may call for a bounce back. Else, expect correction to continue.
SUNOIL NCDEX OCT
While there prevails a positive bias, corrective dips are likely.
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