Agri Commodity Technical Report 24 November 2023 - Geojit Financial Services Ltd
JEERA NCDEX DEC
Unless 47000 is breached convincingly upside, may trade sideways to weak.
DHANIYA NCDEX DEC
More downside correction towards 7700 may not be ruled out. A direct rise above 8120 may improve sentiments.
TURMERIC NCDEX DEC
Pullbacks to 12700-12800 ranges seems likely and a voluminous rise above 12860 may improve sentiments. A voluminous fall past 12000 may intensify weakness.
COCUDAKL NCDEX DEC
Corrective dips to 2975 or even more may not be ruled out even as there prevails as positive bias. A direct voluminous rise above 3060 may improve sentiments.
COTTON CANDY MCX NOV
Weakness seen.
KAPAS NCDEX APR24
1596 is the immediate resistance and a voluminous rise above the same may call for 1605 or more. Inability to clear the same may call for dips to 1578-1570 ranges.
CASTOR NCDEX DEC
6270 is the immediate resistance and inability to clear the same may call for corrective dips to 6180-6100.
GUARSEED NCDEX DEC
Even as there prevails weakness, pullbacks to 5680/5750 ranges may not be ruled out. A direct voluminous fall past 5525 could intensify weakness.
GUARGUM NCDEX DEC
Choppy moves expected initially. On the downside, a fall stretching beyond 10980 may intensify weakness.
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