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Agri Commodity Technical Report 22 September 2023 - Geojit Financial Services Ltd
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JEERA NCDEX OCT
60800 is the immediate resistance and a voluminous rise above may call for 61250- 61500 or more. Inability to clear the same may call for sideways to weak trades.
DHANIYA NCDEX OCT
May vary inside 7300-7000 ranges.
TURMERIC NCDEX OCT
14100 is the immediate support and slippage past the same may call for more downsides. In the meantime, pullbacks to 14600/14900 ranges may not be ruled out as well. However, a voluminous rise above 15100 is required to improve sentiments.
COCUDAKL NCDEX DEC
Even as there prevails a weak bias, pullbacks to 2625/2675 ranges may not be ruled out. Sustained trades below 2580 may call for 2560 or more.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
Pullbacks to 1582/1594 may not be ruled out even as there prevails a weak bias.
CASTOR NCDEX OCT
6240 is the immediate resistance and a rise above the same may call for 6270- 6340. Inability to clear the same may call for sideways to weak trades.
GUARSEED NCDEX OCT
Unless 5980 is breached convincingly upside, may trade sideways to weak.
GUARGUM NCDEX OCT
A direct fall below 11740 may intensify weakness. On the upside, a voluminous rise above 12180 may set in some short covering moves.
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