Agri Commodity Technical Report 18 January 2024 - Geojit Financial Services
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JEERA NCDEX MAR:
27350 is the immediate support which if held downside may call for a bounce up. Slippage past the same may call for 27050/26600 or more
DHANIYA NCDEX APR:
May vary inside 8050-7580 ranges.
TURMERIC NCDEX APR:
A voluminous rise above 14050 is required for sentiments to improve. Inability to clear the same may call for sideways action with support seen at 13470/13280.
COCUDAKL NCDEX FEB:
While there prevails weakness, pullbacks to 2670 ranges may not be ruled out. A direct voluminous fall past 2640 may call for 2620/2605.
COTTON CANDY MCX JAN:
Choppy moves expected.
KAPAS NCDEX APR2:
Sustained trades below 1522 may call for 1518-1512 or even more. On the upside, a voluminous rise above 1545 is required for weakness to lessen
CASTOR NCDEX FEB:
While there prevails as weak bias, a voluminous rise above 5690 may improve sentiments.
GUARSEED NCDEX FEB:
May trade sideways to weak unless 5585 is breached convincingly upside.
GUARGUM NCDEX FEB:
Choppy to weak trades expected unless 10960 is breached convincingly upside.
SUNOIL NCDEX JAN:
May inch higher. However, an unexpected fall below 846 may call for more downside correction.
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