Agri Commodity Technical Report 20 October 2023 - Geojit Financial Services
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JEERA NCDEX NOV
Pullbacks to 54350/55600 ranges may not be ruled out even as there prevails weakness.
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
Higher level selling likely unless 14400 is breached convincingly upside.
COCUDAKL NCDEX DEC
May trade sideways to weak unless 2780 is breached convincingly upside. A direct voluminous fall past 2700 could intensify weakness.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
Pullbacks to 1628/1638 ranges may not be ruled out. An unexpected rise above 1648 may improve sentiments and a direct fall below 1594 may intensify weakness.
CASTOR NCDEX NOV
Pullbacks to 6070 ranges may not be ruled out. However, a voluminous rise above 6140 is required for continuation of upwards momentum. Inability to clear the same may call for choppy to weak trades.
GUARSEED NCDEX NOV
Profit booking may continue towards 5810 -5760 ranges. However, such moves stretching beyond 5720 may dampen sentiments.
GUARGUM NCDEX NOV
Dips to 11850/11740 ranges may not be ruled out. However, such moves stretching beyond 11630 may lessen prevailing positive bias.
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