Agri Commodity Technical Report 29 September 2023 - Geojit Financial Services
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
Pullbacks to 6840/6930 ranges may not be ruled out even as there prevails a weak bias. However, such moves stretching beyond 7020 may improve sentiments.
TURMERIC NCDEX OCT
Pullbacks seen after taking support around 12700 ranges may stretch towards 13700/13940 ranges. On the downside, slippage past 12950 may call for 12700 or even more.
COCUDAKL NCDEX DEC
2715 is the immediate resistance and a voluminous rise above 2730 or more. However, dips to 2680/2660 ranges may not be ruled out as well.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
More upsides are probably in store though dips to 1628-1620 ranges may not be ruled out.
CASTOR NCDEX OCT
May tick higher. However, a direct fall
below 6100 may see weakness creeping in
again.
GUARSEED NCDEX OCT
May stretch gains on a voluminous rise above 5690 ranges. On the downside, slippage past 5570 may intensify weakness.
GUARGUM NCDEX OCT
11540 is the immediate resistance and a voluminous rise above the same may call for more short covering moves. Inability to clear the same may call for sideways to weak trades.
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