Agri Commodity Technical Report 11 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
Unless 17800 is breached convincingly upside, may trade sideways to weak with support seen near 16560/16150.
COCUDAKL NCDEX SEP
A voluminous rise above 2660 or a fall past 2595 may lend fresh direction for the day.
COTTON CANDY MCX AUG
May inch higher. An unexpected fall below 59500 may call for more downsides.
KAPAS NCDEX APR24
A rise above 1582 or a fall past 1558 may lend fresh direction for the day.
CASTOR NCDEX SEP
May trade sideways to weak unless 6330 is breached convincingly upside.
GUARSEED NCDEX SEP
The correction being witnessed currently may stretch towards 6060/6010 ranges and slippage past 6010 may intensify weakness. Else may hold the same for a bounce up.
GUARGUM NCDEX SEP
Downside correction may continue towards 12540-12460 ranges from where a bounce back may not be ruled out. Slippage past the same may weaken sentiments.
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