Agri Commodity Technical Report 11 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
7350 is the immediate support and slippage past the same may see weakness intensifying. On the upside, a direct rise above 7550 could improve sentiments.
TURMERIC NCDEX DEC
Choppy to weak trades, with support seen at 13750/13400 ranges, expected unless the resistance of 14400 is breached convincingly upside for the day.
COCUDAKL NCDEX DEC
A voluminous rise above 2965 could call for 2980 or even more. Inability to clear the same may see dips towards 2935/2915 ranges. A direct fall below 2900 could negate the positive bias.
KAPAS NCDEX APR25
As long as support at 1560 is held downside, pullbacks are likely, with resistances seen near 1585/1596.
COTTON CANDY MCX NOV
Choppy moves expected.
CASTOR NCDEX NOV
A rise above 6950 or a fall past 6750 may probably lend fresh direction for the day.
GUARSEED NCDEX NOV
5620 is the immediate resistance and a voluminous rise above the same may call for 5640/5670 or more. However, dips to 5550-5510 ranges may not be ruled out and such moves stretching beyond 5450 may lessen the positive bias.
GUARGUM NCDEX NOV
Dips to 11250-11180 ranges may not be ruled out even as there is a mild positive bias. However, a voluminous fall below 11030 may see weakness creeping in.
SUNOIL NCDEX OCT
While there prevails a positive bias, corrective dips are likely.
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