Agri Commodity Technical Report 28 January 2025 - Geojit Financial Services Ltd
Technical View
JEERA NCDEX MAR
Higher level selling likely as long as 22800 caps upside.
DHANIYA NCDEX APR
More corrective dips are likely. However, an unexpected rise above 8450 may set in some short covering moves.
TURMERIC NCDEX APR
Weak bias expected. However, pullbacks to 13700/13900 ranges may not be ruled out as well.
COCUDAKL NCDEX FEB
Weakness likely to prevail. However, pullbacks to 2700-2720 ranges may not be ruled out.
KAPAS NCDEX APR25
Choppy to weak trade anticipated. Alternatively, a direct voluminous rise above 1498 may set in some short covering.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX FEB
Choppy to weak trades expected unless 6540 is breached accompanied by considerable volumes.
GUARSEED NCDEX FEB
5380 is the immediate support and slippage past the same may call for more downside correction. Else may hold the same for a bounce back.
GUARGUM NCDEX FEB
Pullbacks to 10520-10600 ranges may not be ruled out. However, a voluminous fall below 10350 could intensify weakness.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
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