Agri Commodity Technical Report 10 November 2023 - Geojit Financial Services Ltd
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JEERA NCDEX DEC
While there prevails weakness, pullbacks to 44600/45200 ranges may not be ruled. However, a direct fall below 42000 could intensify weakness.
DHANIYA NCDEX DEC
A voluminous rise above 7680 or a fall past 7460 may lend fresh direction for the day.
TURMERIC NCDEX DEC
A rise above 13800 or a fall past 13200 may lend fresh direction for the day.
COCUDAKL NCDEX DEC
As long as support at 2815 is held downside, pullbacks to 2865/2900 ranges may not be ruled out. Such moves stretching beyond 2915 could improve sentiments.
COTTON CANDY MCX NOV
Weakness seen.
KAPAS NCDEX APR24
1528 is the immediate support and slippage past same may intensify weakness. Else may hold the same for a bounce up.
CASTOR NCDEX DEC
A voluminous rise above 5960 is required for continuation of short covering moves. Inability to clear the same may call for sideways to weak trades. A direct fall below 5750 may intensify weakness.
GUARSEED NCDEX DEC
A direct voluminous fall past 5585 may intensify weakness. Else expect choppy moves with resistances seen near 5660- 5690-5720.
GUARGUM NCDEX DEC
While there prevails a weak bias, pullbacks to 11340/11450 ranges may not be ruled out. And such moves stretching beyond 11520 may improve sentiments.
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