Powered by: Motilal Oswal
12-07-2024 11:16 AM | Source: Geojit Financial Services Ltd
Agri Commodity Technical Report 12 July 2024 - Geojit Financial Services Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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

16250 is the immediate resistance, which if breached convincingly upside may call for 16400 or more. . Inability to clear the same may call for sideways to weak trades.  

 

 

COCUDAKL NCDEX AUG

Even as there prevails  a positive bias, dips to 3035/3010 ranges may not be ruled out.  

KAPAS NCDEX APR25 

As long as support at 1604 is held downside, may trade sideways with  mild positive bias.  

COTTON CANDY MCX JUL

Choppy moves expected.  

CASTOR NCDEX AUG

May inch higher.  A direct fall below 6120 may call for more downside correction.  

 

GUARSEED NCDEX AUG

Dips to 5510/5480 ranges may not be ruled out. 5610 may act as key resistance upside even as there prevails a positive bias.  

GUARGUM NCDEX AUG 

10960 is the immediate resistance and a voluminous rise above the same may call for 11020/11120 ranges or even more. Inability to clear the same may call for corrective dips to 10780/10680 ranges. 

SUNOIL NCDEX JUL

May tick higher. However, a fall below 905 or a rise above 935 is required for fresh directional moves.  

 

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 

SEBI Registration Number: INH200000345

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer