Agri Commodity Technical Report 03 July 2024 - Geojit Financial Services Ltd
JEERA NCDEX JUL
Pullbacks to 29050/29500 ranges may not be ruled out. However, a voluminous rise above 30500 is required for sentiments to improve. Inability to clear the same may call for sideways to weak trades.
DHANIYA NCDEX JUL
Higher level selling likely unless 7420 is breached convincingly upside.
TURMERIC NCDEX AUG
Pullbacks to 16600/16800 ranges may not be ruled out even as there prevails a weak bias. A direct voluminous fall past 15900 could intensify weakness.
COCUDAKL NCDEX JUL
Unless 2856 ranges is breached convincingly upside, may trade sideways to weak.
KAPAS NCDEX APR25
A direct voluminous fall below 1594 may call for 1585/1578 ranges. Else, pullbacks are likely.
COTTON CANDY MCX JUL
Choppy moves expected.
CASTOR NCDEX JUL
May inch higher. However, An unexpected fall below 5720 may see weakness creeping in.
GUARSEED NCDEX JUL
May trade sideways to weak unless 5380 is breached convincingly upside.
GUARGUM NCDEX JUL
May trade sideways to weak unless 10570 is breached convincingly upside.
SUNOIL NCDEX JUL
Choppy to weak trades expected. However, a direct voluminous rise above 935 may call for 942 or more.
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