Agri Commodity Technical Report 28 October 2024 - Geojit Financial Services Ltd
JEERA NCDEX NOV
Even as there prevails a weak bias, pullbacks to 24800/25100 ranges may not be ruled out. However, a voluminous rise above 25500 is required for the sentiments to improve.
DHANIYA NCDEX NOV
7250 is the immediate support and a voluminous fall below the same may see weakness intensifying. A direct voluminous rise above 7420 may set in some short-covering moves.
TURMERIC NCDEX DEC
Pullbacks to 13400/13600 ranges may not be ruled out even as there prevails a weak bias. Yet, a voluminous rise above 13800 is required for short-covering moves to set in.
COCUDAKL NCDEX DEC
Witnessing correction could stretch probably towards 2925-2905 ranges from where a bounce back may not be ruled out.
KAPAS NCDEX APR25
With the support of 1574 being breached there prevails weakness. However, pullbacks to 1565 or more may not be ruled out as long as support at 1545 hold downside.
COTTON CANDY MCX NOV
Choppy moves expected.
CASTOR NCDEX NOV
Pullbacks to 6720/6780 may not be ruled. However, a voluminous rise above 6880 is required for sentiments to improve.
GUARSEED NCDEX NOV
Pullbacks to 5325/5380 ranges may not be ruled out even as there prevails weakness. However, a voluminous rise above 5420 is required for the sentiments to improve.
GUARGUM NCDEX NOV
Even as there prevails weakness, as long as support at 10500 ranges is held downside, pullbacks may be seen, with resistances seen near 10700/10830 ranges.
SUNOIL NCDEX OCT
Choppy moves expected.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345