Agri Commodity Technical Report 05 June 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUL
Unless 28000 is breached convincingly upside, may trade sideways to weak with supports at 27100/26400.
DHANIYA NCDEX JUL
Choppy to weak trades expected unless 7570 is breached convincingly upside.
TURMERIC NCDEX AUG
Pullbacks to 17760/18100 ranges may not be ruled out even as there prevails a weak bias. However, such moves stretching beyond 18800 may improve sentiments.
COCUDAKL NCDEX JUL
More downsides are probably in store unless 2745 is breached convincingly upside.
KAPAS NCDEX APR25
While there prevails a weak bias, pullbacks to 1576/1582 ranges may not be ruled out
COTTON CANDY MCX JUL
Choppy to weak moves expected.
CASTOR NCDEX JUL
May vary inside 5840-5680 ranges.
GUARSEED NCDEX JUL
5315 is the immediate support, which if held downside may call for a brief bounce back. However, a voluminous rise above 5490 is required for the sentiments to improve.
GUARGUM NCDEX JUL
Pullbacks to 10580/10650 ranges may not be ruled out even as there prevails a weak bias.
SUNOIL NCDEX JUN
Even a there prevails a positive bias, corrective dips to 902/898 ranges may not be ruled out.
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