Agri Commodity Technical Report 19 October 2023 - Geojit Financial Services Ltd
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JEERA NCDEX NOV
56100 is the immediate support and slippage past the same may call for 55650 or even more. On the upside, a voluminous rise above 58600 for sentiments to improve.
DHANIYA NCDEX NOV
A voluminous rise above 7200 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades.
TURMERIC NCDEX DEC
Unless 14400 range is breached convincingly upside, may trade sideways to weak
COCUDAKL NCDEX DEC
Pullbacks to 2754/2780 ranges may not be ruled out even as there prevails a weak bias. A direct voluminous fall past 2700 may call for more downsides.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
Pullbacks to 1621/1635 ranges may not be ruled out before resuming declining. An unexpected rise above 1648 may improve sentiments.
CASTOR NCDEX NOV
5980 is the immediate support and slippage past same may see weakness intensifying. Else, may hold the same for a bounce up, yet a voluminous rise above 6140 to improve sentiments.
GUARSEED NCDEX NOV
A direct voluminous rise above 5860 may call for more upside. Inability to clear the same may call for sideways to weak trades.
GUARGUM NCDEX NOV
Unless 11980 is breached convincingly upside, corrective dips to 11740/11630 ranges may not be ruled out.
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