Agri Commodity Technical Report 16 February 2024 - Geojit Financial Services
JEERA NCDEX MAR
Pullbacks to 25750/26500 ranges may not be ruled out even as there prevails a weak bias.
DHANIYA NCDEX APR
Pullbacks to 7610/7720 ranges may not be ruled out even as there prevails a weak bias.
TURMERIC NCDEX APR
A direct voluminous rise above 15700 may improve sentiments. Inability to clear the same may call for dips to 15050/14700 ranges.
COCUDAKL NCDEX MAR
Dips to 2510-2495 ranges may not be ruled out before resuming rising. However, slippage past 2470 accompanied by considerable volume may see weakness creeping in again.
COTTON CANDY MCX FEB
Choppy moves expected.
KAPAS NCDEX APR24
Dips to 1530/1512 ranges may not be ruled out. However, a direct voluminous rise above 1568 may strengthen upward momentum.
CASTOR NCDEX MAR
A rise above 5680 or a fall past 5540 may lend fresh direction for the day.
GUARSEED NCDEX MAR
Dips to 5310-5280 ranges may be seen before inching up. However, such moves stretching beyond 5270 may call for 5240 or even more.
GUARGUM NCDEX MAR
Dips to 10240/10150 ranges may not be ruled out. However, a direct voluminous rise above10420 is required for the sentiments to improve.
SUNOIL NCDEX FEB
May vary inside 852-830 and a break out from either end of the aforementioned range may lend fresh direction for the day.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345