Agri Commodity Technical Report 18 July 2024 - Geojit Financial Services Ltd
JEERA NCDEX AUG
Pullbacks to 27150-27500 ranges may not be ruled out even as there prevails a weak bias. A direct voluminous fall past 26200 may call for more downsides.
DHANIYA NCDEX AUG
Choppy to weak trades expected. A direct voluminous rise above 7320 may probably set in short covering moves.
TURMERIC NCDEX AUG
May tick up. However, an unexpected fall below 15200 may call for more downsides.
COCUDAKL NCDEX AUG
With support at 2990 being held downside, pullbacks may not be ruled out towards 3030-3050 ranges. A direct voluminous fall past 2990 may call for 2970-2945 or more.
KAPAS NCDEX APR25
May vary inside 1628-1588 ranges.
COTTON CANDY MCX JUL
Choppy moves expected.
CASTOR NCDEX AUG
Profit booking may continue and slippage past 6050 may see weakness creeping in. Else may hold the same for a bounce up.
GUARSEED NCDEX AUG
As long as support at 5470 is held downside, pullbacks are likely. However, a voluminous rise above 5585 is required for the sentiments to improve.
GUARGUM NCDEX AUG
10680 is the immediate support and slippage past the same may call for 10640- 10580 or even more. On the upside, a direct rise above 10860 may improve sentiments.
SUNOIL NCDEX JUL
905 is the immediate support and slippage past the same may call for 892 or more. Else, may hold the same for a bounce up.
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