Agri Commodity Technical Report 23 January 2024 - Geojit Financial Services
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JEERA NCDEX MAR:
Choppy to weak trades expected unless 28200 is breached convincingly upside.
DHANIYA NCDEX APR:
8050 is the immediate resistance and a voluminous rise above the same may call for 8140 or even more. However, dips to 7950/7840 ranges may not be ruled out.
TURMERIC NCDEX APR:
More upsides are probably in store. However, dips to 14500/14300 ranges may not be ruled out.
COCUDAKL NCDEX FEB:
2680 is the immediate resistance and inability to clear the same may call for corrective dips to 2650/2630 ranges.
COTTON CANDY MCX JAN:
Choppy moves expected.
KAPAS NCDEX APR24:
Choppy moves expected. A voluminous rise above 1538 may call for 1545-1548.
CASTOR NCDEX FEB:
May tick higher. A direct fall below 5580 may see weakness creeping in again.
GUARSEED NCDEX FEB:
May trade sideways to weak unless 5585 is breached convincingly upside.
GUARGUM NCDEX FEB:
Choppy to weak trades expected unless 10960 is breached convincingly upside.
SUNOIL NCDEX JAN:
May inch higher. However, an unexpected fall below 850 may call for more downside correction.
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