Agri Commodity Technical Report 05 September 2024 - Geojit Financial Services Ltd
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JEERA NCDEX SEP
Pullbacks to 25800/26200 may not be ruled out. A direct voluminous fall past 25200 may call for more downside correction for the day.
DHANIYA NCDEX OCT
Unless 7210 is breached convincingly upside, choppy moves with a mild negative bias may not be ruled out.
TURMERIC NCDEX OCT
A sustained rise above 13900 range required for the sentiments to improve. Else, choppy to weak trades expected.
COCUDAKL NCDEX SEP
A voluminous rise above 3680 or a fall past 3540 may probably lend fresh direction for the day
KAPAS NCDEX APR25
May trade sideways to weak unless 1638 is breached convincingly upside. A direct voluminous rise above the same may call for 1645/1660 or even more.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX OCT
A rise above 6250 or a fall past 6120 may lend fresh direction for the day.
GUARSEED NCDEX OCT
5450 is the immediate resistance that has to be breached convincingly for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades.
GUARGUM NCDEX OCT
Pullbacks may be seen. However, a voluminous rise above 10800 ranges is required for the sentiments to improve. Inability to clear the same may call for sideways to weak trades.
SUNOIL NCDEX SEP
Choppy to weak trades expected.
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