Agri Commodity Technical Report 26 February 2024 - Geojit Financial Services
JEERA NCDEX MAR
May vary inside 25400-27800 ranges.
DHANIYA NCDEX APR
Choppy trades expected unless 7950 is breached convincingly upside.
TURMERIC NCDEX APR
May vary inside 15800-15100 ranges
COCUDAKL NCDEX MAR
May inch lower, possibly towards 2545- 2530 ranges. An unexpected rise above 2615 may improve sentiments. However, a voluminous rise above 2645 is required for continuation of upward momentum.
COTTON CANDY MCX FEB
Choppy moves expected.
KAPAS NCDEX APR24
1550 is the immediate support and slippage past the same may call for 1542- 1530 or even more. Else may hold the same for a bounce up. However, a voluminous rise above 1585 is required for sentiments to improve.
CASTOR NCDEX MAR
May tick higher. However, a fall past 5680 may see weakness creeping in again.
GUARSEED NCDEX MAR
Sustained trades below 5330 accompanied by considerable volume may intensify weakness. Else may hold the same for a bounce up. However, a voluminous rise above 5460 for sentiments to improve.
GUARGUM NCDEX MAR
10315 is the immediate support and slippage past same could intensify weakness. On the upside, a voluminous rise above 10540 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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