Agri Commodity Technical Report 18 October 2024 - Geojit Financial Services Ltd
JEERA NCDEX NOV
Pullbacks to 25100/25500 ranges may not be ruled out even as there is a weak bias. A direct voluminous fall below 24500 could intensify weakness.
DHANIYA NCDEX NOV
Choppy to weak trades expected unless 7680 is breached convincingly upside. A direct voluminous fall below 7300 could intensify weakness.
TURMERIC NCDEX DEC
Pullbacks to 13750/14050 ranges may not be ruled out. A direct voluminous fall below 13000 could intensify weakness.
COCUDAKL NCDEX DEC
May stretch gains. However, dips to 2980- 2960 ranges may not be ruled out as well.
KAPAS NCDEX APR25
As long as support at 1560 is held downside, pullbacks may not be ruled out. However, a voluminous rise above 1595 is required for the sentiments to improve.
COTTON CANDY MCX NOV
Choppy moves expected.
CASTOR NCDEX NOV
Choppy trade with a mild weak bias expected unless 6980 is breached convincingly upside.
GUARSEED NCDEX NOV
May inch higher. However, slippage past 5460 accompanied by considerable volume may see weakness intensifying.
GUARGUM NCDEX NOV
Pullbacks to 11330/11420 or even more may not be ruled out. On the downside, a direct fall below 11080 may intensify weakness.
SUNOIL NCDEX OCT
While there prevails a positive bias, corrective dips are likely.
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