Agri Commodity Technical Report 08 January 2024 - Geojit Financial Services
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JEERA NCDEX MAR
May trade sideways to weak unless 30200 is breached convincingly may trade sideways to weak with support seen at 28000/27000. Slippage past 26700 may intensify weakness.
DHANIYA NCDEX APR
Unless 8050 is breached convincingly upside, may trade sideways to weak with support seen at 7780/7680 ranges.
TURMERIC NCDEX APR
While there prevails weakness, pullbacks to 13600/13900 ranges may not be ruled out.
COCUDAKL NCDEX FEB
May vary inside 2810-2710 ranges.
COTTON CANDY MCX JAN
Choppy moves expected.
KAPAS NCDEX APR24
A rise above 1572 or a fall past 1528 may lend fresh directions.
CASTOR NCDEX FEB
A movement inside 5840-5670 expected
GUARSEED NCDEX FEB
A movement inside 5280-5480 is expected and a voluminous break from either sides of the aforementioned range may lend fresh direction.
GUARGUM NCDEX FEB
Unless 10680 is breached convincingly upside, may trade sideways to weak. Slippage past 10250 could intensify weakness.
SUNOIL NCDEX JAN
May inch higher with the resistance at 832 being breached. On the downside, slippage past 822 may dampen sentiments.
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