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Agri Commodity Technical Report 17 May 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUN
May trade with a positive bias as long as support at 26800 is held downside.
DHANIYA NCDEX JUN
7510 is the immediate resistance and a voluminous rise above the same may call for 7580 or even more. Inability to clear the same may call for sideways to weak trades.
TURMERIC NCDEX JUN
A rise above 18500 or a fall past 17600 may lend fresh directional moves.
COCUDAKL NCDEX JUN
A rise above 2675 or a fall past 2600 may lend fresh directional move.
COTTON CANDY MCX MAY
Choppy moves expected.
CASTOR NCDEX JUN
May tick up as long as support at 5620 stays undisturbed downside. Slippage past the same may call for 5580 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. A direct voluminous fall past 10650 could intensify weakness.
SUNOIL NCDEX MAY
A rise above 864 or a fall past 842 may lend fresh directions.
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