Agri Commodity Technical Report 08 November 2024 - Geojit Financial Services Ltd
JEERA NCDEX DEC
Dips to 24750/24300 ranges may not be ruled out before bouncing up. However, such moves stretching beyond 24000 may dampen sentiments.
DHANIYA NCDEX DEC
A voluminous fall below 7300 or a rise above 7500 may lend fresh direction for the day.
TURMERIC NCDEX DEC
A movement inside 13400-12700 ranges expected initially and a voluminous break from either side of the above mentioned range could lend fresh directions for the day.
COCUDAKL NCDEX DEC
3010 is the immediate resistance and a voluminous rise above the same may call for 3030-3050 or more. Inability to clear the same may call for dips to 2970/2940 ranges.
KAPAS NCDEX APR25
Dips to 1560-1554 ranges may not be ruled out. A direct voluminous rise above 1585 may improve sentiments.
COTTON CANDY MCX NOV
Choppy moves expected.
CASTOR NCDEX DEC
Dips to 6730/6675 seems likely unless 6800 is breached convincingly upside.
GUARSEED NCDEX DEC
Short covering could stretch, yet a voluminous rise above 5365 required for the sentiments to improve.
GUARGUM NCDEX DEC
Pullbacks may stretch towards 10720 or more. However, a direct voluminous fall below 10520 could intensify weakness.
SUNOIL NCDEX NOV
Choppy to weak trades expected.
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