Agri Commodity Technical Report 06 October 2023 - Geojit Financial Services
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JEERA NCDEX NOV
Choppy moves inside 61650-58700 expected.
DHANIYA NCDEX NOV
Choppy trades with mild weak bias expected unless 7180 is breached convincingly upside.
TURMERIC NCDEX DEC
May stretch gains 15800/16000 ranges.
However, an unexpected fall below 15000
may call for more downside correction.
COCUDAKL NCDEX DEC
Sentiments are likely to stay sanguine as long as support at 2750 is held downside. A voluminous rise above 2825 ranges could strength the upward momentum.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
Even as there prevails a mild positive bias, an unexpected decline below 1624 may call for more downside correction.
CASTOR NCDEX NOV
May vary inside 6300-6100 ranges.
GUARSEED NCDEX NOV
A voluminous rise above 5725 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades with support seen at 5610/5565 ranges.
GUARGUM NCDEX NOV
Unless 11680 is breached convincingly upside, dips to 11420/11360 or even more seems possible.
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