Agri Commodity Technical Report 05 July 2024 - Geojit Financial Services Ltd
JEERA NCDEX AUG
As long as support at 27900 range is held downside, choppy moves with a mild positive bias may anticipated. A voluminous fall past the same may call for 27350 or more.
DHANIYA NCDEX AUG
Choppy to weak trades likely unless 7460 is breached convincingly upside.
TURMERIC NCDEX AUG
Choppy to weak trades expected unless 17600 is breached convincingly upside. A direct voluminous fall past 16900 may intensify weakness.
COCUDAKL NCDEX AUG
Unless 2965 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 AUG
Dips to 5880/5830 ranges may not be ruled out before bouncing back. However, such moves stretching beyond 5780 may see weakness creeping in.
GUARSEED NCDEX JUL
May trade sideways to weak unless 5460 is breached convincingly upside.
GUARGUM NCDEX JUL
A direct voluminous rise above 10820 may improve sentiments. As long as this range caps, may trade sideways to weak.
SUNOIL NCDEX JUL
Choppy trades expected. A direct fall below 924 may intensify weakness.
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