Agri Commodity Technical Report 15 January 2024 - Geojit Financial Services
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JEERA NCDEX MAR
Choppy to weak trades expected. An unexpected rise above 27700 may set in some short-covering moves..
DHANIYA NCDEX APR
May vary inside 8050-7580 ranges.
TURMERIC NCDEX APR
Pullbacks to 13100/13250 or even more may no be ruled out even as there prevails a weak bias.
COCUDAKL NCDEX FEB
Pullbacks to 2725-2735 or even more may not be ruled out. A direct voluminous fall past 2680 may call for 2665 or more.
COTTON CANDY MCX JAN
Choppy moves expected.
KAPAS NCDEX APR24
May trade sideways with mild positive bias as long as support at 1522 is held downside.
CASTOR NCDEX FEB
Pullbacks to 5695/5740 ranges may not be ruled out even as there prevails a weak bias.
GUARSEED NCDEX FEB
Dips to 5520/5470 ranges may not be ruled out before inching higher. However, such moves stretching beyond 5430 may dampen sentiments.
GUARGUM NCDEX FEB
Even as more upsides are in store, dips to 10740/10650 ranges may not be ruled out. A direct fall below 10580 may call for more downside correction.
SUNOIL NCDEX JAN
May inch higher. However, corrective dips to 848/842 ranges may not be ruled out as well.
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