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Agri Commodity Technical Report 11 October 2023 - Geojit Financial Services
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JEERA NCDEX NOV
Weakness likely to continue. However, pullbacks to 56350-56800 ranges may not be ruled out.
DHANIYA NCDEX NOV
Unless 7180 is breached convincingly upside, may trade sideways to weak. A direct fall below 6800 could intensify weakness.
TURMERIC NCDEX DEC
14150 is the immediate support and slippage past the same accompanied by considerable volumes could call for more downside correction. However, pullbacks to 14500/14800 ranges may not be ruled out before resuming declining.
COCUDAKL NCDEX DEC
A voluminous rise above 2825 or a fall past 2750 may lend fresh directions.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24 May
vary inside 1620-1660 ranges.
CASTOR NCDEX NOV
May trade sideways to weak unless 6240 is breached convincingly upside.
GUARSEED NCDEX NOV
A movement inside 5560-5760 ranges expected and a voluminous break from either sides of the aforementioned range may lend fresh direction for the day.
GUARGUM NCDEX NOV
A voluminous rise above 11680 or a fall past 11180 may probably lend fresh direction for the day.
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