Agri Commodity Technical Report 11 March 2024 - Geojit Financial Services
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JEERA NCDEX APR
25850 is the immediate resistance and a voluminous rise above the same may set in some more short covering moves. Inability to clear the same may call for choppy to weak trades with support seen at 24500/23750.
DHANIYA NCDEX APR
8450 is the immediate resistance that has to be breached convincingly for continuation of upward momentum. Inability to clear the same may call for 8280/8150.
TURMERIC NCDEX APR
May inch higher though dips to 17800/17500 ranges may not be ruled out.
COCUDAKL NCDEX APR
May vary inside 2755-2680 ranges.
COTTON CANDY MCX MAR
May trade with mild positive bias as long as support at 61250 is held downside.
KAPAS NCDEX APR24
A rise above 1660 or a fall past 1628 may lend fresh direction for the day.
CASTOR NCDEX APR
May trade sideways to weak unless 5960 is breached convincingly upside.
GUARSEED NCDEX APR
5180 is the key support downside, which if held downside may call for a bounce up. However, a voluminous rise above 5435 is required for sentiments to improve.
GUARGUM NCDEX APR
Higher level selling likely unless 10420 is breached convincingly upside.
SUNOIL NCDEX MAR
May vary inside 856-828 ranges.
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