Agri Commodity Technical Report 23 January 2025 - Geojit Financial Services Ltd
JEERA NCDEX MAR
Pullbacks to 22800/23100 ranges may not be ruled out even as there prevails a weak bias.
DHANIYA NCDEX APR
A voluminous rise above 8850 is required for the sentiments to improve. Inability to clear the same may see sideways to weak trades.
TURMERIC NCDEX APR
Choppy moves expected with mild positive bias. However, a direct voluminous fall below 13900 may probably intensify weakness.
COCUDAKL NCDEX FEB
Unless 2830 is breached convincingly upside, may trade sideways to weak.
KAPAS NCDEX APR25
May vary inside 1480-1520 ranges and a break out from either end of the consolidation range may lend fresh direction for the day.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX FEB
May stretch gains. An unexpected fall below 6450 may call for corrective dips.
GUARSEED NCDEX FEB
Unless 5560 is breached convincingly upside, corrective dips are likely with support seen ay 5460-5420 ranges.
GUARGUM NCDEX FEB
A voluminous rise above 10800 is required for upward momentum to strengthen. As long as this range caps, corrective dips are likely.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
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