Agri Commodity Technical Report 16 August 2024 - Geojit Financial Services Ltd
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JEERA NCDEX SEP
Even as there prevails weakness, pullbacks to 25500/25800 ranges may not be ruled out.
DHANIYA NCDEX SEP
Weakness may continue. An unexpected rise above 6960 may set in short-covering moves.
TURMERIC NCDEX OCT
15800 is the immediate support and slippage past the same may see weakness intensifying. Else may hold the same for a bounce up.
COCUDAKL NCDEX SEP
Even as there prevails a positive bias, dips to 3120/3090 ranges may not be ruled out before bouncing back. However, a direct voluminous fall below 3090 could dampen sentiments.
KAPAS NCDEX APR25
Unless 1598 is breached convincingly upside, may trade sideways with support seen at 1578/1564.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
Unless 6380 is breached convincingly upside, may trade sideways to weak with support seen at 6210/6160 ranges.
GUARGUM NCDEX SEP
May trade sideways to weak unless 10720 is breached convincingly upside.
SUNOIL NCDEX AUG
Choppy moves expected.
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