Agri Commodity Technical Report 13 August 2024 - Geojit Financial Services Ltd
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JEERA NCDEX SEP
May vary inside 25500-26700 ranges.
DHANIYA NCDEX SEP
While there prevails a weak bias, pullbacks to 6980/7040 ranges may not be ruled out as well.
TURMERIC NCDEX OCT
Pullbacks to 16600-16900 ranges may not be ruled out. However, a voluminous rise above 17200 is required for sentiments to improve. A direct voluminous fall past 16800 could intensify weakness.
COCUDAKL NCDEX SEP
May stretch gains. However, a voluminous fall past 3090 may call for downside correction.
KAPAS NCDEX APR25
May inch higher. However, a direct voluminous fall past 1560 could weaken sentiments.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
May inch higher. However, a voluminous rise above 6380 is required for upward momentum to strengthen.
GUARSEED NCDEX SEP
May trade sideways with mild positive bias as long as support at 5300 is held downside.
GUARGUM NCDEX SEP
Unless 10720 is breached convincingly upside, may trade sideways to weak.
SUNOIL NCDEX AUG
Choppy moves expected.
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