Commodity Intraday Technical Outlook 05 October 2023 - Geojit Financial Services
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JEERA NCDEX NOV
Pullbacks to 60000-60400 ranges or even more may not be ruled out as long as support at 58700 is held downside.
DHANIYA NCDEX NOV
A rise above 7180 or a fall past 6750 may lend fresh direction for the day.
TURMERIC NCDEX DEC
15370 is the immediate resistance that has to be breached convincingly for continuation of upward momentum. Inability to clear the same may call for corrective dips towards 14860/14680 ranges.
COCUDAKL NCDEX DEC
Corrective dips to 2745/2725 ranges may not be ruled out even as there has been an considerable improvement in sentiments.
COTTON CANDY MCX NOV
Choppy trades seen.
KAPAS NCDEX APR24
Dips to 1635-1628 ranges may not be ruled out before resuming rising. However, such correction stretching beyond 1618 may lessen prevailing positive bias.
CASTOR NCDEX NOV
May vary inside 6300-6100 ranges.
GUARSEED NCDEX NOV
5656 is the immediate resistance and inability to clear the same may call for downside correction. A voluminous rise above the same may call for 5680-5710 or even more.
GUARGUM NCDEX NOV
May inch higher towards 11530-11580 or even more. On the downside, a direct fall below 11220 may call for more downside correction.
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