Agri Commodity Technical Report 16 November 2023 - Geojit Financial Services Ltd
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JEERA NCDEX DEC
While there prevails weakness, pullbacks to 42800/43650 ranges may not be ruled out.
DHANIYA NCDEX DEC
Even as there prevails a positive bias, corrective dips to 8040/7960 ranges may not be ruled out.
TURMERIC NCDEX DEC
A rise above 13800 or a fall past 13200 may lend fresh direction for the day.
COCUDAKL NCDEX DEC
2960 is the immediate resistance and a voluminous rise above the same may call for 2988/3010 or even more. In the meantime, corrective dips to 2925/2880 range may not be ruled out as well even as there prevails a positive bias.
COTTON CANDY MCX NOV
Weakness seen.
KAPAS NCDEX APR24
1596 is the immediate resistance and a voluminous rise above the same may call for 1605-1615.Inability to clear the same may call for 1578-1574 or more.
CASTOR NCDEX DEC
May inch higher. However, a direct fall below 5870 may call for downside correction.
GUARSEED NCDEX DEC
5890 is the immediate resistance and a voluminous rise above the same may call for more upsides. In the meantime, corrective dips to 5830/5780 ranges may not be ruled out as well.
GUARGUM NCDEX DEC
More upsides are instore. However, corrective dips to 11720/11630 may not be ruled out before resuming rising
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