Agri Commodity Technical Report 2 February 2024 - Geojit Financial Services
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JEERA NCDEX MAR:
27600 is the immediate resistance and a voluminous rise above the same may call for 28100 or even more. Inability to clear the same may call for sideways to weak trades.
DHANIYA NCDEX APR:
A rise above 7900 or a fall past 7650 may lend fresh direction for the day.
TURMERIC NCDEX APR:
A direct voluminous rise above 14680 may call for 14900-15050 or even more. However, inability to clear 15050 may call for downside correction.
COCUDAKL NCDEX FEB:
A rise above 2525 or a fall past 2450 may lend fresh direction for the day.
COTTON CANDY MCX FEB:
Choppy moves expected.
KAPAS NCDEX APR24:
While there prevails weakness, pullbacks to 1484/1496 ranges may not be ruled out. A direct voluminous fall past 1464 could intensify weakness.
CASTOR NCDEX FEB:
Unless 5840 may call for sideways to weak trades.
GUARSEED NCDEX FEB:
A movement inside 5345-5240 ranges expected and a voluminous break from either side of the aforementioned range may lend fresh direction for the day.
GUARGUM NCDEX FEB:
A direct voluminous rise above 10140 may set in some short covering moves. Inability to clear the same may call for sideways to weak trades.
SUNOIL NCDEX FEB:
As long as support at 842 is held downside, could approach 852/861 ranges.
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