Agri Commodity Technical Report 19 January 2024 - Geojit Financial Services
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JEERA NCDEX MAR:
Choppy to weak trades expected unless 28200 is breached convincingly upside.
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:
The bounce back seen after taking support near 2630 ranges could stretch towards 2675-2695 ranges. Slippage past 2625 may call for more downsides.
COTTON CANDY MCX JAN:
Choppy moves expected.
KAPAS NCDEX APR24:
Bounce back seen after taking support around 1516 ranges could stretch towards 1538/1545 ranges. However, a voluminous rise above 1548 is required to lessen weakness.
CASTOR NCDEX FEB:
May tick higher. A direct fall below 5580 may see weakness creeping in again.
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 848 may call for more downside correction.
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