Agri Commodity Technical Report 1 March 2024 - Geojit Financial Services
JEERA NCDEX MAR
Short covering moves may be seen possibly towards 25200-25500 or even more. However, slippage past 24100 may intensify weakness.
DHANIYA NCDEX APR
Dips to 7920-7850 ranges may not be ruled out even as there prevails a positive bias. However, an unexpected fall below 7750 may lessen the positive bias.
TURMERIC NCDEX APR
Even as more upsides are in store, dips to 17050-16800 ranges may not be ruled out.
COCUDAKL NCDEX MAR
May inch higher. However, a voluminous rise above 2690 is required for continuation of upward momentum. On the downside, 2620 may call for more downsides.
COTTON CANDY MCX MAR
61900 is the immediate support and slippage past the same may call for more downside correction. Else may hold the same for a bounce up.
KAPAS NCDEX APR24
May inch higher. However, a direct voluminous fall past1628 may lessen prevailing positive bias.
CASTOR NCDEX MAR
A rise above 5840 or a fall past 5680 ranges may lend fresh directions for the day
GUARSEED NCDEX MAR
May trade sideways to weak unless 5375 is breached convincingly upside.
GUARGUM NCDEX MAR
May trade sideways to weak unless 10450 is breached convincingly upside.
SUNOIL NCDEX MAR
May inch higher. However, a unexpected fall below 830 may see weakness creeping in.
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