Agri Commodity Technical Report 8 February 2024 - Geojit Financial Services
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JEERA NCDEX MAR:
May inch higher. However, an unexpected fall below 26700 may dampen sentiments.
DHANIYA NCDEX APR:
May trade sideways to weak, with support seen at 7680/7540 ranges, unless 8000 is breached convincingly upside.
TURMERIC NCDEX APR:
A rise above 16300 or a fall past 14800 may lend fresh directional move for the day.
COCUDAKL NCDEX MAR:
As long as support at 2470 is held downside, pullbacks to 2525/2550 ranges may not be ruled out.
COTTON CANDY MCX FEB:
Choppy moves expected.
KAPAS NCDEX APR24:
A rise above 1496 or a fall past 1465 may lend fresh direction for the day.
CASTOR NCDEX MAR:
5680 is the immediate resistance and a voluminous rise above the same may call for 5740 or even more. However, inability to clear the same may call for dips to 5620 or more.
GUARSEED NCDEX MAR:
May vary inside 5465-5280 ranges.
GUARGUM NCDEX MAR:
Choppy to weak trades expected unless 10540 is breached convincingly upside.
SUNOIL NCDEX FEB:
Pullbacks to 846/852 ranges seems possible if support at 828 is held downside.
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