Agri Commodity Technical Report 23 October 2023 - Geojit Financial Services Ltd
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JEERA NCDEX NOV
Pullbacks to 54350/55600 ranges may not be ruled out even as there prevails weakness. A direct voluminous fall past 53000 may intensify weakness.
DHANIYA NCDEX NOV
A voluminous rise above 7200 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades.
TURMERIC NCDEX DEC
Pullbacks to 14000/14200 ranges may not be ruled out. However, a voluminous rise above 14400 is required to improve sentiments. On the downside, 13200 is seen as the key support.
COCUDAKL NCDEX DEC
May trade sideways to weak unless 2780 is breached convincingly upside. A direct voluminous fall past 2700 could intensify weakness
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
May trade sideways to weak unless 1635 is breached convincingly upside.
CASTOR NCDEX NOV
A voluminous rise above 6140 is required for continuation of upwards momentum. Inability to clear the same may call for choppy to weak trades.
GUARSEED NCDEX NOV
More upsides are probably in store. However, dips to 5920-5870 ranges may not be ruled out as well.
GUARGUM NCDEX NOV
May inch higher. However, dips to 12060/11930 ranges may not be ruled out.
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