Agri Commodity Technical Report 14 May 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUN
May stretch gains. However, corrective dips to 26750/26250 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
2605 is the immediate support, which if held downside may call for a bounce back. Sustained trades below the same may see weakness creeping in.
COTTON CANDY MCX MAY
Choppy moves expected.
CASTOR NCDEX JUN
May tick higher. However, an unexpected fall below 5620 may dampen sentiments.
GUARSEED NCDEX JUN
Choppy trades expected. A voluminous rise above 5520 or a fall past 5405 may probably lend fresh direction.
GUARGUM NCDEX JUN
May trade sideways to weak unless 10960 is breached convincingly upside.
SUNOIL NCDEX MAY
May inch higher. However, an unexpected fall below 842 may call for more weakness.
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