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Agri Commodity Technical Report 06 June 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUL
May trade with a positive bias as long as support at 26850 is held downside.
DHANIYA NCDEX JUL
Choppy to weak trades expected unless 7570 is breached convincingly upside.
TURMERIC NCDEX AUG
May vary inside 18600-17200 ranges.
COCUDAKL NCDEX JUL
2765 is the immediate resistance that has to be breached convincingly for continuation of upward momentum. Inability to clear the same may call for dips to 2730- 2715.
KAPAS NCDEX APR25
While there prevails a weak bias, pullbacks to 1582/1586 ranges may not be ruled out. However, such moves stretching beyond 1592 may improve sentiments.
COTTON CANDY MCX JUL
Choppy to positive moves expected.
CASTOR NCDEX JUL
May vary inside 5840-5680 ranges.
GUARSEED NCDEX JUL
Pullbacks to 5440-5480 ranges may not be ruled out. A direct voluminous fall below 5360 may dampen sentiments.
GUARGUM NCDEX JUL
A voluminous rise above 10690 may call for 10750/10840. Inability to clear the same may see sideways to weak trades.
SUNOIL NCDEX JUN
Even a there prevails a positive bias, corrective dips to 908/898 ranges may not be ruled out.
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