Agri Commodity Technical Report 06 May 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUN
23150 is the immediate support, which if held downside may call for a bounce back.
DHANIYA NCDEX JUN
May trade sideways to weak unless 7600 is breached convincingly upside.
TURMERIC NCDEX JUN
Choppy to weak trades expected unless 19600 is breached convincingly upside. Slippage past 18200 may weaken sentiments further.
COCUDAKL NCDEX JUN
May tick higher. However, a voluminous rise above 2630 is required for continuation of upward momentum.
COTTON CANDY MCX MAY
Choppy moves expected.
CASTOR NCDEX JUN
May trade sideways to weak unless 5860 is breached convincingly upside.
GUARSEED NCDEX JUN
5430 is the immediate support, which if held downside may call for a bounce up. Slippage past the same may call for 5400 or more.
GUARGUM NCDEX JUN
Pullbacks to 11060/11140 ranges may not be ruled out. On the downside, a direct voluminous fall past 10740 may see weakness intensifying.
SUNOIL NCDEX MAY
Higher level selling likely unless 872 is breached convincingly upside.
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