Agri Commodity Technical Report 29 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
Pullbacks to 13600/13850 ranges may not be ruled out even as there prevails a negative bias.
COCUDAKL NCDEX FEB
Pullbacks to 2705-2730 ranges may not be ruled out if support at 2670 is held downside. A direct voluminous fall below the same may call for 2640 or more.
KAPAS NCDEX APR25
Even as there prevails a weak bias, pullbacks to 1478/1490 ranges may not be ruled out.
COTTON CANDY MCX MAR
Choppy moves expected.
CASTOR NCDEX FEB
More downsides are probably in store. However, a direct voluminous rise above 6450 may set in some short covering.
GUARSEED NCDEX FEB
Choppy to weak trades expected as long as 5460 caps.
GUARGUM NCDEX FEB
Weakness may prevail though pullbacks to 10340/10420 ranges may not be ruled out.
SUNOIL NCDEX FEB
Choppy to weak trades expected.
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