Agri Commodity Technical Report 30 October 2023 - Geojit Financial Services Ltd
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JEERA NCDEX NOV
Even as there prevails weakness, pullbacks to 48450/49800 ranges may not be ruled out.
DHANIYA NCDEX NOV
Dips to 7110-7050 ranges may not be ruled out before resuming rising. A direct rise above 7280 accompanied by considerable volume may call for 7320-7400 or even more.
TURMERIC NCDEX DEC
May vary inside 14000-12700 ranges
COCUDAKL NCDEX DEC
Corrective dips to 2880-2850 ranges may not be ruled out even as there prevails a positive bias. On the upside, 2925 is the immediate resistance, above which more advances may be anticipated.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
Dips to 1635/1624 ranges may not be ruled out even as there prevails a positive bias.
CASTOR NCDEX NOV
A voluminous rise above 6140 is required for continuation of upwards momentum. Inability to clear the same may call for choppy to weak trades.
GUARSEED NCDEX NOV
A rise above 5960 or a fall past 5760 may lend fresh directions
GUARGUM NCDEX NO
May trade sideways to weak unless 12100 is breached convincingly upside. On the downside, a voluminous fall below 11800 may call for 11730-11680 or even more.
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