Agri Commodity Technical Report 13 May 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUN
May stretch gains. However, dips to 25600/24900 ranges may not be ruled out.
DHANIYA NCDEX JUN
Higher level selling likely as long as 7460 caps upside.
TURMERIC NCDEX JUN
A rise above 19500 or a fall past 18100 may lend fresh directional move.
COCUDAKL NCDEX JUN
Pullbacks to 2630-2645 ranges may not be ruled out. However, a direct voluminous fall below 2600 may call for 2585 or more.
COTTON CANDY MCX MAY
Choppy moves expected.
CASTOR NCDEX JUN
A rise above 5730 or a fall past 5580 may lend fresh direction for the day.
GUARSEED NCDEX JUN
Choppy trades expected. A voluminous rise above 5520 or a fall past 5405 may probably lend fresh direction.
GUARGUM NCDEX JUN
Pullbacks to 10780-10810 ranges may not be ruled out before resuming declining. However, such moves stretching beyond 10960 may set in short-covering.
SUNOIL NCDEX MAY
Even as there prevails a weak bias, pullbacks to 858/864 ranges may not be ruled out.
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