Agri Commodity Technical Report 05 August 2024 - Geojit Financial Services Ltd
JEERA NCDEX SEP
May vary inside 25900-27000.
DHANIYA NCDEX SEP
As long as 7450 caps, may trade sideways to weak with support seen at 7250/7160 ranges.
TURMERIC NCDEX OCT
Unless 17200 is breached convincingly upside, may trade sideways to weak with support seen at 16500/16200 ranges.
COCUDAKL NCDEX SEP
Unless 3045 is breached convincingly upside, may trade sideways weak.
KAPAS NCDEX APR25
Higher level selling likely unless 1610 is breached convincingly upside. Slippage past 1578 may call for more downsides.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
May tick up as long as support at 6200 is held downside. Slippage past 6180 accompanied by considerable volume may call for 6150 or more.
GUARSEED NCDEX SEP
Pullbacks to 5525/5590 ranges may not be ruled out even as there prevails a weak bias. A voluminous fall past 5410 may call for more downsides.
GUARGUM NCDEX SEP
Pullbacks to 10840/10970 ranges may not be ruled out even as there is a weak bias. However, a direct and voluminous fall past 10560 may call for more downsies.
SUNOIL NCDEX AUG
Choppy moves expected.
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