Agri Commodity Technical Report 17 November 2023 - Geojit Financial Services Ltd
JEERA NCDEX DEC
While there prevails weakness, pullbacks to 43650/44200 ranges may not be ruled out. However, a direct voluminous fall past 41400 may call for more downsides.
DHANIYA NCDEX DEC
Even as there prevails a positive bias, corrective dips to 8040/7960 ranges may not be ruled out. A direct voluminous rise above 8260 may improve sentiments.
TURMERIC NCDEX DEC
A rise above 13800 or a fall past 13200 may lend fresh direction for the day.
COCUDAKL NCDEX DEC
May vary inside 3000-2880 ranges.
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 sideways to weak trades with support seen at 1574/1558.
CASTOR NCDEX DEC
Unless 6020 is breached convincingly upside, may trade sideways to weak.
GUARSEED NCDEX DEC
A voluminous rise above 5915 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades with support seen at 5795/5745 ranges.
GUARGUM NCDEX DEC
Though more upsides are in store, corrective dips to 11760/11630 ranges may not be ruled out.
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