Agri Commodity Technical Report 16 September 2024 - Geojit Financial Services Ltd
JEERA NCDEX OCT
Choppy to weak trades expected unless 26100 is breached convincingly upside.
DHANIYA NCDEX OCT
While there prevails a positive bias, a direct fall below 6940 may dampen sentiments.
TURMERIC NCDEX OCT
14500 is the immediate resistance and a voluminous rise above the same may call for 14650/14900 or even more. Inability to clear the same may see choppy to weak trades with support seen at 13900/13650.
COCUDAKL NCDEX DEC
While there prevails a positive bias, dips to 3050/3020 ranges may not be ruled out.
KAPAS NCDEX APR25
May trade sideways to weak unless 1638 is breached convincingly upside.
COTTON CANDY MCX SEP
Choppy moves expected.
CASTOR NCDEX OCT
May stretch gains. However, a direct fall below 6170 may call for more downsides.
GUARSEED NCDEX OCT
More upsides are probably in store, though dips to 5480/5430 ranges may not be ruled out.
GUARGUM NCDEX OCT
More upsides are probably in store though dips to 10790-10700 ranges may not be ruled out.
SUNOIL NCDEX SEP
May trade with mild positive bias.
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