Agri Commodity Technical Report 06 January 2025 - Geojit Financial Services Ltd
Technical View
JEERA NCDEX JAN
Choppy to weak trades anticipated unless 24600 is breached convincingly upside.
DHANIYA NCDEX JAN
Pullbacks to 7830/7950 ranges may not be ruled out before resuming declining. However, such moves stretching beyond 8060 may improve sentients.
TURMERIC NCDEX APR
Dips to 15200/14900 ranges may not be ruled out even as there prevails a positive bias. On the upside, a direct voluminous rise above 15800 may call for 16000 or more.
COCUDAKL NCDEX JAN
May stretch gains. However, an unexpected fall below 2695 may call for downside correction.
KAPAS NCDEX APR25
Choppy moves expected unless 1510 is breached upside accompanied by considerable volumes. However, slippage past 1490 may see weakness creeping in.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX JAN
6320 is the immediate support, which if held downside may call for a bounce back. Slippage past the same my see weakness intensifying.
GUARSEED NCDEX JAN
Corrective dips to 5315/5280 ranges may not be ruled out. However, such moves stretching beyond 5210 may see weakness creeping in again.
GUARGUM NCDEX JAN
10270 is the immediate support, which if held downside may call for a bounce back. Slippage past the same may see more correction.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Tag News
Quote on Gold by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financi...