Agri Commodity Technical Report 2 November 2023 - Geojit Financial Services Ltd
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JEERA NCDEX DEC
While there prevails weakness, a direct voluminous rise above 45600 could set in short covering rallies.
DHANIYA NCDEX NOV
A direct voluminous rise above 7400 may call for 7460-7520 or even more. Inability to clear the same may call for sideways trades with support seen at 7270/7160.
TURMERIC NCDEX DEC
A direct rise above 14160 accompanied by considerable volume may improves sentiments. However, dips to 13780-13600 ranges may not be ruled out as well. And, such moves stretching beyond 13500 may dampen sentiments.
COCUDAKL NCDEX DEC
More upsides are probably in store on voluminous rise above 2960. However, corrective dips to 2915/2885 may not be ruled out as well.
COTTON CANDY MCX NOV
Choppy trades seen
KAPAS NCDEX APR24
May vary inside 1645-1605 rang
CASTOR NCDEX NOV
Pullbacks to 5920-5960 ranges may not be ruled out even as there prevails a weak bias. However, a voluminous rise above 6070 is required for sentiments to improve.
GUARSEED NCDEX DEC
Pullbacks to 5745/5810 ranges may not be ruled out even as there prevails a weak bias. A direct fall below 5640 may intensify weakness.
GUARGUM NCDEX DEC
Pullbacks to 11550/11680 ranges may not be ruled out even as there prevails weak bias. A voluminous fall past 11340 may intensify weakness.
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