Agri Commodity Technical Report 04 June 2024 - Geojit Financial Services Ltd
JEERA NCDEX JUN
29000 is the immediate resistance which if breached convincingly may call for more upside. Inability to clear the same may see choppy to weak trades with support seen at 28200/27800.
DHANIYA NCDEX JUN
7380 is the immediate support and slippage past the same may call for 7320 or more. On the upside, a voluminous rise above 7500 ranges is required for the sentiments to improve.
TURMERIC NCDEX JUN
May trade sideways to weak unless 18200 is breached convincingly upside.
COCUDAKL NCDEX JUN
Pullbacks to 2705/2730 ranges may not be ruled out. However, a direct fall below 2660 may call for 2640 or more.
KAPAS NCDEX APR25
1572 is the immediate support, which if held downside may call for a brief bounce up. However, a voluminous rise above 1605 is required for sentiments to improve.
COTTON CANDY MCX JUL
Choppy to weak moves expected.
CASTOR NCDEX JUN
May trade with mild positive bias as long as support at 5620 is held downside.
GUARSEED NCDEX JUN
May trade sideways with a weak bias as long as resistance at 5530 caps upside.
GUARGUM NCDEX JUN
Choppy to weak trades expected unless 10790 is breached convincingly upside.
SUNOIL NCDEX JUN
Even a there prevails a positive bias, corrective dips to 907/898 ranges may not be ruled out.
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