Agri Commodity Technical Report 28 September 2023 - Geojit Financial Services
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JEERA NCDEX OCT
May vary inside 62000-58000 and a voluminous break from either sides of the aforementioned range may lend fresh direction.
DHANIYA NCDEX OCT
Higher level selling likely unless 7020 is breached convincingly upside.
TURMERIC NCDEX OCT
Weakness may continue and slippage past 12680 may call for more downsides. In the meantime, pullbacks to 13250/13500 ranges may not be ruled out as well.
COCUDAKL NCDEX DEC
2635 is the immediate support and a voluminous rise above the same may set in more short covering moves. A direct fall below 2560 may intensify weakness.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
1608 is the immediate resistance and a voluminous rise above the same may call for 1615 or more. In the meantime, dips to 1588/1572 ranges may not be ruled out as well. A direct voluminous fall past 1560 may see weakness creeping in.
CASTOR NCDEX OCT
May trade sideways to weak unless 6350 is breached convincingly upside.
GUARSEED NCDEX OCT
Even as there prevails weakness, pullbacks to 5690/5740 ranges may not be ruled out. Slippage past 5620 may call for 5580 or even more.
GUARGUM NCDEX OCT
Pullbacks to 11420/11540 ranges may not be ruled out even as there prevails a weak bias
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