Agri Commodity Technical Report 20 February 2025 - Geojit Financial Services Ltd
Technical View
JEERA NCDEX MAR
21000 is the immediate support, which if held downside may call for a bounce back. Else, expect correction to continue.
DHANIYA NCDEX APR
May tick higher. However, a voluminous rise above 8400 ranges is required for the sentiments to improve.
TURMERIC NCDEX APR
While there prevails weakness, a direct voluminous rise above 13200 may stretch short covering.
COCUDAKL NCDEX MAR
May stretch gains. However, a voluminous rise above 2735 is required for the sentiments to improve.
KAPAS NCDEX APR25
Dips to 1481/1474 ranges may not be ruled out if unable to clear 1498 ranges. However, such moves stretching beyond 1465 may see weakness intensifying.
COTTON CANDY MCX MAR
Choppy moves expected.
CASTOR NCDEX MAR
A rise above 6400 or a fall below 6250 may probably lend fresh direction for the day.
GUARSEED NCDEX MAR
As long as support at 5300 is held downside, pullbacks are likely, however a voluminous rise above 5465 is required for sentiments to improve.
GUARGUM NCDEX MAR
May trade sideways to weak unless 10350 is breached accompanied by considerable volumes.
SUNOIL NCDEX FEB
Choppy to weak trades expected.
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