Agri Commodity Technical Report 11 July 2024 - Geojit Financial Services Ltd
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JEERA NCDEX AUG
May trade sideways to weak unless 28700 is breached convincingly upside.
DHANIYA NCDEX AUG
Choppy to weak trades likely unless 7460 is breached convincingly upside.
TURMERIC NCDEX AUG
While there prevails a weak bias, pullbacks to 15600/15900 ranges may not be ruled out. However, a direct fall below 15100 could intensify weakness.
COCUDAKL NCDEX AUG
Even as there prevails a positive bias, dips to 3025/2990 ranges may not be ruled out.
KAPAS NCDEX APR25
Dips to 1612/1605 ranges may not be ruled out before inching up. However, an unexpected fall below 1592 may dampen sentiments.
COTTON CANDY MCX JUL
Choppy moves expected.
CASTOR NCDEX AUG
May inch higher. A direct fall below 6020 may call for more downside correction.
GUARSEED NCDEX AUG
Dips to 5510/5480 ranges may not be ruled out unless 5560 is breached convincingly upside.
GUARGUM NCDEX AUG
May inch higher. However, an unexpected fall below 10580 may call for more downside correction.
SUNOIL NCDEX JUL
905 is the immediate support, which if held downside may call for a bounce up. However, slippage past the same may see weakness creeping in.
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