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Agri Commodity Technical Report 8 November 2023 - Geojit Financial Services Ltd
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JEERA NCDEX DEC
Short covering moves may continue. However, a direct fall below 45300 may call for more downside correction.
DHANIYA NCDEX DEC
Profit booking expected. However, a direct voluminous rise above 7820 may improve sentiments.
TURMERIC NCDEX DEC
Choppy moves expected. However, a direct fall below 13500 accompanied by considerable volume may see weakness intensifying.
COCUDAKL NCDEX DEC
Even as the sentiments stays sanguine, a direct voluminous fall past 2880 may call for 2850 or even more.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
Higher level selling likely unless 1615 is breached convincingly upside.
CASTOR NCDEX DEC
A voluminous rise above 5960 is required for continuation of short covering moves. Inability to clear the same may call for sideways to weak trades.
GUARSEED NCDEX DEC
Unless 5815 is breached convincingly upside, may trade sideways with a weak bias, with support seen at 5690-5640.
GUARGUM NCDEX DEC
Unless 11640 is breached convincingly upside, may trade sideways to weak and slippage past 11280 could intensify weakness.
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