Agri Commodity Technical Report 17 January 2025 - Geojit Financial Services Ltd
TECHNICAL VIEW
JEERA NCDEX MAR
May trade sideways to weak unless 22800 is breached convincingly upside.
DHANIYA NCDEX APR
While there prevails a weak bias, pullbacks to 8480-8540 ranges may not be ruled out.
TURMERIC NCDEX APR
Weak bias prevails. However, an unexpected rise above 14900 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
While there prevails weak bias, a direct voluminous rise above 1505 may set in some short covering moves.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX FEB
May trade sideways with a mild positive bias as long as support at 6320 is held downside.
GUARSEED NCDEX FEB
More upsides are probably in store. A direct fall below 5420 may see more downside corrections.
GUARGUM NCDEX FEB
More upsides are probably in store and a voluminous rise above 10800 ranges may strengthen the sentiments. Alternatively, an unexpected fall below 10400 may dampen sentiments.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
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