Powered by: Motilal Oswal
2024-02-01 10:52:56 am | Source: Geojit Financial Services Ltd
Agri Commodity Technical Report 1 February 2024 - Geojit Financial Services

JEERA NCDEX MAR:

27150 is the immediate resistance and a voluminous rise above the same may call for 27600 or more. Inability to clear the same may call for dips to 26600-26400.

DHANIYA NCDEX APR:

A rise above 7900 or a fall past 7650 may lend fresh direction for the day.

TURMERIC NCDEX APR:

Pullbacks to 14400/14700 ranges may not be ruled out even as there prevails a weak bias.

 

 

COCUDAKL NCDEX FEB:

Unless 2525 is breached convincingly upside, may trade sideways to weak.

COTTON CANDY MCX FEB:

Choppy moves expected.

KAPAS NCDEX APR24:

While there prevails weakness, pullbacks to 1484/1496 ranges may not be ruled out. A direct voluminous fall past 1464 could intensify weakness.

 

CASTOR NCDEX FEB:

Unless 5840 may call for sideways to weak trades.

GUARSEED NCDEX FEB:

A movement inside 5345-5240 ranges expected and a voluminous break from either side of the aforementioned range may lend fresh direction for the day.

GUARGUM NCDEX FEB:

A direct voluminous rise above 10140 may set in some short covering moves. Inability to clear the same may call for sideways to weak trades.

SUNOIL NCDEX FEB:

Slippage past 842 may call for more downside correction. Else may hold the same for a bounce up towards 852 ranges.

 

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 

SEBI Registration Number: INH200000345

 

 

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here