Agri Commodity Technical Report 16 October 2023 - Geojit Financial Services
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JEERA NCDEX NOV
A voluminous rise above 56200 could set in some more short covering moves. On the downside, a voluminous fall past 58200 could intensify weakness
DHANIYA NCDEX NOV
Unless 7180 is breached convincingly upside, may trade sideways to weak. A direct fall below 6800 could intensify weakness.
TURMERIC NCDEX DEC
May trade sideways to weak unless 14750 is breached convincingly upside
COCUDAKL NCDEX DEC
A direct voluminous rise above 2845 may improve sentiments. On the downside, a fall past 2750 may call for more downsides.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
May trade sideways to weak unless 1645 is breached convincingly upside
CASTOR NCDEX NOV
Pullbacks to 6080/6130 ranges may not be ruled out even as there prevails a weakness.
GUARSEED NCDEX NOV
May trade sideways to weak unless 5760 is breached convincingly upside.
GUARGUM NCDEX NOV
A voluminous rise above 11680 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades.
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