Agri Commodity Technical Report 1 Aug 2023 - Geojit Financial Services
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JEERA NCDEX AUG
May vary inside 61400-58200 and a voluminous break from either sides may lend fresh directions for the day.
DHANIYA NCDEX AUG
Slippage past 7750 may call for more downside correction. Else, may hold the same for a bounce up.
TURMERIC NCDEX AUG
May stretch gains. However, slippage past 14700 may call for more downside correction.
COCUDAKL NCDEX AUG
2360 is the immediate resistance and a voluminous rise above the same may set in short-covering moves. Inability to clear the same may see choppy moves with a weak bias.
COTTON CANDY MCX AUG
Inability to clear 59600 may call for sideways to weak trades.
KAPAS NCDEX APR24
A direct voluminous rise above 1552 may call for more upside. Inability to clear the same may call for sideways to weak trades.
CASTOR NCDEX AUG
A voluminous fall past 6320 or a rise above 6430 may lend fresh direction for the day.
GUARSEED NCDEX AUG
5930 is the immediate support and slippage past the same may call for more downsides possibly towards 5890 or even more. A direct voluminous rise above 6080 may improve sentiments.
GUARGUM NCDEX AUG
12530 is the immediate resistance that has to be breached convincingly for more upsides. Inability to clear the same may see downside correction stretching towards 12150/12060 or even more.
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