Agri Commodity Technical Report 10 August 2023 - Geojit Financial Services
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JEERA NCDEX SEP
Unless 63500 is breached convincingly upside, may trade sideways to weak with support seen at 62150/61500.
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 support and slippage past the same may call for more downside correction. On the upside a voluminous rise above 17800 may call for 18100 or more.
COCUDAKL NCDEX SEP
Dips to 2590/2560 ranges may not be ruled out even as there prevails a mild positive bias. However, slippage past 2550 may see weakness creeping in.
COTTON CANDY MCX AUG
Profit booking may be seen. However, a direct voluminous rise above 60000 may improve sentiments.
KAPAS NCDEX APR24
As long as support at 1558 is held downside may trade sideways with a mild positive bias. Slippage past the same may intensify weakness.
CASTOR NCDEX SEP
May trade sideways to weak unless 6380 is breached convincingly upside.
GUARSEED NCDEX SEP
More downside correction may be seen unless 6210 is breached convincingly upside. A direct voluminous rise above 6210 may call for 6240/6295 or even more.
GUARGUM NCDEX SEP
12900 is the immediate resistance and a voluminous rise above the same may improve sentiments. Inability to clear the same may call for corrective dips to 12670/12500 or even more.
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