Agri Commodity Technical Report 23 February 2024 - Geojit Financial Services
JEERA NCDEX MAR
May vary inside 25400-27800 ranges.
DHANIYA NCDEX APR
Dips to 7700/7620 ranges may not be ruled out. However, a direct voluminous rise above 7950 may call for more upsides.
TURMERIC NCDEX APR
15100 is the immediate support and slippage past the same may call for 14950 or even more. Else may hold the same for a bounce up. However, a voluminous rise above 15800 is required for sentiments to improve.
COCUDAKL NCDEX MAR
Unless 2645 is breached convincingly upside, may trade sideways to weak.
COTTON CANDY MCX FEB
Choppy moves expected.
KAPAS NCDEX APR24
Choppy to weak trades expected unless 1585 is breached convincingly upside. A voluminous fall past 1540 may lessen prevailing positive bias.
CASTOR NCDEX MAR
May tick higher. However, a fall past 5680 may see weakness creeping in again.
GUARSEED NCDEX MAR
5380 is the immediate support and slippage past the same may call for 5350- 5330 below which weakness could intensify. On the upside, 5460 may act as key resistance.
GUARGUM NCDEX MAR
Corrective dips to 10420/10310 ranges may not be ruled out. A direct voluminous rise above 10650 may improve sentiments.
SUNOIL NCDEX FEB
May trade sideways to weak unless 852 is breached convincingly upside. A voluminous fall past 828 may call for more downsides.
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