Agri Commodity Technical Report 08 August 2023 - Geojit Financial Services
JEERA NCDEX SEP
Even as the trend stays positive, however, slippage past 62800 may call for more downside correction.
DHANIYA NCDEX SEP
May vary inside 7800-7300 ranges and a voluminous break from either sides of the aforementioned range may lend fresh direction for the day.
TURMERIC NCDEX OCT.
16800 is the immediate resistance and a voluminous rise above the same may call for more upside. Else may trade sideways with a weak bias.
COCUDAKL NCDEX SEP
A voluminous rise above 2620 may improve sentiments. Inability to clear the same may see sideways to weak trades with support seen at 2550-2535.
COTTON CANDY MCX AUG
May inch higher. However, an unexpected fall below 58250 may call for more downsides.
KAPAS NCDEX APR24
1572 is the immediate support and slippage past the same may call for 1565 or more. Else may hold the same for a bounce up. And such moves stretching beyond 1605 may improve sentiments.
CASTOR NCDEX SEP
May vary inside 6430-6300 ranges.
GUARSEED NCDEX SEP
A voluminous rise above 6125 may call for 6160/6195 or even more. However, dips to 6020/5950 ranges may not be ruled out before resuming rising.
GUARGUM NCDEX SEP
Dips to 12080/11900 ranges may not be ruled out before resuming rising. A direct voluminous rise above 12380 may call for 12490 or more.
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