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Agri Commodity Technical Report 15 May 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUN
Even as there prevails a positive bias, profit booking towards 26800/26500 ranges may not be ruled out.
DHANIYA NCDEX JUN
7460 is the immediate resistance and a voluminous rise above the same may call for 7510 or more. Inability to clear the same may see higher level selling.
TURMERIC NCDEX JUN
17600 is the immediate support, which if held downside, may call for a bounce back. Else, expect more downsides, possibly to 17450 or more.
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
5690 is the immediate support, which if held downside may call for a bounce up. Slippage past the same may call for 5620 or more.
GUARSEED NCDEX JUN
Choppy trades expected. A voluminous rise above 5535 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
A rise above 864 or a fall past 842 may lend fresh directions.
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