Agri Commodity Technical Report 21 February 2024 - Geojit Financial Services
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JEERA NCDEX MAR
While some more upsides are in store, dips to 26900/26400 ranges may not be ruled out.
DHANIYA NCDEX APR
Choppy moves with mild positive bias expected as long as support at 7460 stays undisturbed.
TURMERIC NCDEX APR
Dips to 15400/15100 ranges may not be ruled out. However, a direct voluminous rise above 15800 may call for more upsides.
COCUDAKL NCDEX MAR
May tick up however, a voluminous rise above 2640 is required for continuation of upward momentum. On the downside, a direct fall below 2580 may call for 2565 or even more.
COTTON CANDY MCX FEB
Choppy moves expected.
KAPAS NCDEX APR24
May inch up. However, slippage past 1540 may call for more downside correction.
CASTOR NCDEX MAR
May inch higher. However, an unexpected fall below 5620 may dampen sentiments.
GUARSEED NCDEX MAR
Dips to 5400 ranges may not be ruled out before resuming rising. However, such correction stretching beyond 5330 may lessen the positive sentiments.
GUARGUM NCDEX MAR
While more upsides are in store, corrective dips to 10550/10460 ranges may not be ruled out. Alternatively, an unexpected fall below 10260 may call for more downside correction
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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