Agri Commodity Technical Report 20 February 2024 - Geojit Financial Services
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JEERA NCDEX MAR
May tick higher as long as support at 24700 is held downside.
DHANIYA NCDEX APR
Choppy moves with mild positive bias expected as long as support at 7460 stays undisturbed.
TURMERIC NCDEX APR
May inch higher. However, a direct fall below 14900 may call for 14700-14500 or even more.
COCUDAKL NCDEX MAR
Even as there prevails a positive bias, corrective dips to 2595/2560 ranges may not be ruled out. A voluminous rise above 2640 may improve sentiments.
COTTON CANDY MCX FEB
Choppy moves expected.
KAPAS NCDEX APR24
Dips to 1565/1552 ranges may not be ruled out even as there prevails a positive bias.
CASTOR NCDEX MAR
Dips to 5640/5600 ranges may not be ruled out. Alternatively a voluminous rise above 5710 may call for 5740 or even more.
GUARSEED NCDEX MAR
Dips to 5335/5280 ranges or even more may not be ruled out unless 5410 is breached convincingly upside.
GUARGUM NCDEX MAR
Dips to 10290/10150 ranges may not be ruled out. However, a direct voluminous rise above10490 is required for the sentiments to improve.
SUNOIL NCDEX FEB
May vary inside 852-830 and a break out from either end of the aforementioned range may lend fresh direction for the day.
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