Agri Commodity Technical Report 26 July 2023 - Geojit Financial Services
JEERA NCDEX AUG
Profit booking may continue and slippage past 59000 may call for 58250 or more. Alternatively, a voluminous rise above 61600 may improve sentiments.
DHANIYA NCDEX AUG
A voluminous rise above 7960 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades with support seen at 7680/7470 ranges.
TURMERIC NCDEX AUG
More upsides are in store. However, a direct fall below 12700 may lessen prevailing positive bias.
COCUDAKL NCDEX AUG
May vary inside 2450-2350 ranges and a voluminous break from either side of the aforementioned range may lend fresh direction for the day.
COTTON CANDY MCX AUG
59600 is the immediate resistance and a voluminous rise above the same may call for more upsides. In the meantime, dips to 59000/58600 ranges may not be ruled out as well.
KAPAS NCDEX APR24
1575 is the immediate but relatively strong resistance and inability to clear the same may call for profit booking. A voluminous rise above the same may call for 1582 or more.
CASTOR NCDEX AUG
Profit booking may continue. However, a direct rise above 6510 may improve sentiments.
GUARSEED NCDEX AUG
A voluminous rise above 6100 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades.
GUARGUM NCDEX AUG
A voluminous rise above 12600 range is required for continuation of upward momentum. Inability to sustain above the same may call for sideways to weak trades with support seen at 12260/12080.
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