Agri Commodity Technical Report 07 November 2024 - Geojit Financial Services Ltd
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JEERA NCDEX DEC
May stretch gains. However, 25250 may act as a stiff resistance, which has to be breached convincingly for continuation of upward momentum.
DHANIYA NCDEX DEC
A voluminous fall below 7300 or a rise above 7500 may lend fresh direction for the day.
TURMERIC NCDEX DEC
A direct voluminous rise above 13400 may improve sentiments. Inability to clear the same may call for dips to 12970/12700 ranges.
COCUDAKL NCDEX DEC
Unless 3010 is breached convincingly upside, choppy to weak trades can be anticipated.
KAPAS NCDEX APR25
May vary inside 1565-1534 ranges and a voluminous break from either side of the aforementioned range could lend fresh direction for the day.
COTTON CANDY MCX NOV
Choppy moves expected.
CASTOR NCDEX DEC
A rise above 6760 or a fall past 6580 may probably lend fresh directions.
GUARSEED NCDEX DEC
Choppy to weak trades expected unless 5360 is breached convincingly upside. A direct voluminous fall below 5180 could intensify weakness.
GUARGUM NCDEX DEC
As long as resistance at 10850 stays undisturbed, may trade sideways to weak.
SUNOIL NCDEX NOV
Choppy to weak trades expected.
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