Agri Commodity Technical Report 12 March 2024 - Geojit Financial Services
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JEERA NCDEX APR
May trade sideways to weak with support seen at 25250/24750 ranges. Such moves stretching beyond 23500 may call for more weakness.
DHANIYA NCDEX APR
Unless 8500 is breached convincingly upside, may trade sideways with support seen at 8170/8050 ranges.
TURMERIC NCDEX APR
May inch higher though dips to 18600/18250 ranges may not be ruled out.
COCUDAKL NCDEX APR
Dips to 2735/2720 ranges may not be ruled out. However, such moves stretching beyond 2680 may see weakness creeping in.
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
5340 is the immediate resistance that has to be reached convincingly upside for continuation of upswing. Inability to clear the same may call for 5275/5235.
GUARGUM NCDEX APR
Higher level selling likely unless 10420 is breached convincingly upside.
SUNOIL NCDEX MAR
May inch higher.
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