Agri Commodity Technical Report 16 January 2025 - Geojit Financial Services Ltd
TECHNICAL VIEW
JEERA NCDEX MAR
While there prevails a weak bias, pullbacks to 22800/23100 ranges may not be ruled out.
DHANIYA NCDEX APR
Choppy to weak trades expected as long as 8800 caps upside. A direct fall below 8380 may intensify weakness.
TURMERIC NCDEX APR
Weak bias prevails. However, an unexpected rise above 15000 may set in some short covering moves.
COCUDAKL NCDEX FEB
A voluminous rise above 2830 may improve sentiments. Slippage past 2760 may dampen sentiments.
KAPAS NCDEX APR25
Choppy to weak trades anticipated unless 1522 is breached convincingly upside. Slippage past 1490 may probably intensify weakness.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX FEB
As long as support at 6320, pullbacks may not be ruled out. However, a voluminous rise above 6500 is required for the sentiments to improve.
GUARSEED NCDEX FEB
May inch up. However, an unexpected fall below 5420 may call for more downside correction.
GUARGUM NCDEX FEB
May inch higher. However, an unexpected fall below 10300 may see weakness intensifying.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
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