Agri Commodity Technical Report 31 January 2024 - Geojit Financial Services
JEERA NCDEX MAR:
While there prevails a weak bias, pullbacks to 27150/27900 ranges may not be ruled out. A direct voluminous fall past 26900 may intensify weakness.
DHANIYA NCDEX APR:
More downside correction is likely. Alternatively, a voluminous rise above 7810 may improve sentiments.
TURMERIC NCDEX APR:
15060 is the immediate resistance and a voluminous rise above the same may call for 15270/15600 or more. Inability to clear the same may see higher level selling.
COCUDAKL NCDEX FEB:
Short covering may be seen towards 2525/2550 ranges. However, a direct voluminous fall past 5460 may see weakness intensifying
COTTON CANDY MCX FEB:
Choppy moves expected.
KAPAS NCDEX APR24:
Pullbacks to 1512/1524 ranges may not be ruled out even as there prevails a weak bias.
CASTOR NCDEX FEB:
Unless 5840 may call for sideways to weak trades.
GUARSEED NCDEX FEB:
Pullbacks to 5340/5390 ranges may not be ruled out even as there prevails a weak bias. However, a direct fall below 5240 may see weakness intensifying.
GUARGUM NCDEX FEB:
May trade sideways to weak. A direct voluminous rise above 10140 may set in some short covering moves.
SUNOIL NCDEX FEB:
More upsides are in store. However, a direct fall below 862 may call for downside correction.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
