Agri Commodity Technical Report 09 May 2024 - Geojit Financial Services Ltd
JEERA NCDEX JUN
While more upsides are probably in store, dips to 25000/24400 ranges may not be ruled out as well.
DHANIYA NCDEX JUN
Pullbacks to 7460/7510 or even more may not be ruled out. However, a direct voluminous fall past 7270 may see weakness intensifying.
TURMERIC NCDEX JUN
May inch higher. However, a voluminous rise above 19500 is required for continuation of upward momentum. Slippage past 18100 may intensify weakness.
COCUDAKL NCDEX JUN
2605 is the immediate support, which if held downside may all for a bounce up. Else more downside correction are probably in store.
COTTON CANDY MCX MAY
Choppy moves expected.
CASTOR NCDEX JUN
A rise above 5730 or a fall past 5580 may lend fresh direction for the day.
GUARSEED NCDEX JUN
A rise above 5535 or a fall past 5430 may probably lend fresh direction for the day.
GUARGUM NCDEX JUN
May trade sideways to weak unless 10970 is breached convincingly upside.
SUNOIL NCDEX MAY
Even as there prevails a weak bias, pullbacks to 858/864 ranges may not be ruled out.
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