Agri Commodity Technical Report 7 November 2023 - Geojit Financial Services Ltd
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JEERA NCDEX DEC
Even as there prevails weakness, pullbacks to 43950/45250 ranges may not be ruled out. A direct fall below 39500 may intensify weakness.
DHANIYA NCDEX DEC
Could inch higher, however, an unexpected fall below 7450 may call for more downside correction.
TURMERIC NCDEX DEC
May trade sideways with mild positive bias. However, a direct fall below 13500 may see weakness creeping in.
COCUDAKL NCDEX DEC
May tick higher towards 2940-2960 ranges. However, a direct fall below 2880 may call for more downside correction.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
1590 is the immediate support, which if held downside may call for a bounce up. Slippage past the same may call for 1584/1575 or even more
CASTOR NCDEX DEC
Pullbacks to 5875/5925 or even more may not be ruled out even as there prevails weakness. However, a direct voluminous fall past 5680 could intensify weakness.
GUARSEED NCDEX DEC
May inch up towards 5810/5860 or even more. However, an unexpected fall below 5680 could intensify weakness.
GUARGUM NCDEX DEC
11670 is the immediate support and a voluminous rise above the same may call for 11740/11820 or even more. An unexpected fall below 11360 may see weakness creeping in.
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