Agri Commodity Technical Report 01 August 2024 - Geojit Financial Services Ltd
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JEERA NCDEX AUG
Choppy moves expected. A direct voluminous fall past 25900 may intensify weakness.
DHANIYA NCDEX AUG
May vary inside 7100-7400 ranges.
TURMERIC NCDEX AUG
Dips to 15700/15400 may not be ruled out unless 16500 range is breached convincingly upside.
COCUDAKL NCDEX AUG
Mat inch higher. However, a voluminous rise above 2910 is required for the sentiments to improve.
KAPAS NCDEX APR25
May inch higher. A direct voluminous fall past 1575 may call for more downsides.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX AUG
Unless 6240 is breached convincingly upside, may trade sideways to weak.
GUARSEED NCDEX AUG
Dips to 5625/5570 ranges may not be ruled out even as there is a mild positive bias. A direct voluminous rise above 5720 may call for 5740-5800 or even more.
GUARGUM NCDEX AUG
Dips to 11090/10910 ranges may not be ruled out. A direct voluminous rise above 11340 may strengthen the positive momentum.
SUNOIL NCDEX AUG
Choppy moves expected.
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