Agri Commodity Technical Report 5 February 2024 - Geojit Financial Services
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JEERA NCDEX MAR:
27600 is the immediate resistance and a voluminous rise above the same may call for 28100 or even more. Inability to clear the same may call for sideways to weak trades. Slippage past 26400 may call for more downside correction.
DHANIYA NCDEX APR:
May inch higher. However, an unexpected fall below 7680 may see weakness creeping in.
TURMERIC NCDEX APR:
Even as more upsides are in store, dips to 15060 ranges may not be ruled out.
COCUDAKL NCDEX MAR:
May tick higher. However, corrective dips to 2550-2535 ranges may not be ruled out as well. However, such move stretching beyond 2515 may dampen sentiments.
COTTON CANDY MCX FEB:
Choppy moves expected.
KAPAS NCDEX APR24:
1496 is the immediate resistance and a voluminous rise above the same may call for 1502 or more. However, dips to 1485/1478 ranges may not be ruled out as well.
CASTOR NCDEX MAR:
May vary inside 5800-5580 ranges.
GUARSEED NCDEX MAR:
May tick higher, however, a voluminous rise above 5465 is required for continuation of upwards momentum. Inability to clear the same may call for choppy trades with possibly to dips to 5390/5335 ranges.
GUARGUM NCDEX MAR:
May tick higher towards 10435/10520 ranges. However, a voluminous rise above 10580 is required for continuation of upwards momentum.
SUNOIL NCDEX FEB:
May vary inside 856-840 ranges.
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