Agri Commodity Technical Report 08 October 2024 - Geojit Financial Services Ltd
JEERA NCDEX NOV
A rise above 26500 or a fall past 25600 may probably lend fresh direction for the day.
DHANIYA NCDEX NOV
Choppy to weak trades expected unless 7680 is breached convincingly upside.
TURMERIC NCDEX DEC
14600 is the immediate resistance that has to be breached for further upsides. Else, choppy to weak trades may be seen
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
Pullbacks to 6910-7000 ranges may not be ruled out. However, a direct fall below 6750 may call for more downside correction.
GUARSEED NCDEX NOV
Short covering likely as long as support at 5450 is held downside.
GUARGUM NCDEX NOV
11130 is the immediate resistance and a voluminous rise above the same may call for 11210 or more. Inability to clear the same may call for choppy to weak trades
SUNOIL NCDEX OCT
While there prevails a positive bias, corrective dips are likely
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