Agri Commodity Technical Report 07 October 2024 - Geojit Financial Services Ltd
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JEERA NCDEX NOV
Choppy to weak trades expected. A direct voluminous rise above 26500 could improve sentiments.
DHANIYA NCDEX NOV
With support at 7350 being held downside, pullbacks may not be ruled out. However, a voluminous rise above 7680 is required for the weakness to lessen.
TURMERIC NCDEX DEC
While there prevails a weak bias, pullbacks to 14000/14200 ranges may not be ruled out. A direct voluminous fall past 13600 could intensify weakness.
COCUDAKL NCDEX DEC
While there prevails a weak bias, a direct rise above 2965 could set in short covering.
KAPAS NCDEX APR25
May trade sideways to weak as long as 1605 caps upside.
COTTON CANDY MCX NOV
Choppy moves expected..
CASTOR NCDEX NOV
As long as support at 6770 is held downside, sideways moves with mild positive bias can be anticipated. Slippage past the same accompanied by considerable volume may set in profit booking.
GUARSEED NCDEX NOV
Pullbacks to 5520/5585 ranges may not be ruled out. A direct voluminous fall below 5450 may stretch weakness.
GUARGUM NCDEX NOV
10930 is the immediate support, which if held downside may call for a bounce back. Else expect weakness to continue.
SUNOIL NCDEX OCT
While there prevails a positive bias, corrective dips are likely
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