Agri Commodity Technical Report 18 March 2024 - Geojit Financial Services
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JEERA NCDEX APR
Pullbacks may be seen towards 24750/25250 ranges. However a direct fall below 23750 may call for more weakness.
DHANIYA NCDEX APR
May trade sideways to weak. However, a rise above 7940 may probably set in some short-covering moves.
TURMERIC NCDEX APR
Choppy to weak trades expected initially. A direct voluminous rise above 18500 may improve sentiments.
COCUDAKL NCDEX APR
2620 is the immediate support, which if held downside may call for a bounce up. Slippage past the same may call for more downsides.
COTTON CANDY MCX MAR
60900 is the immediate support and slippage past the same may see weakness continuing. Else expect pullbacks to 61500 ranges.
KAPAS NCDEX APR24
Pullbacks to 1594/1605 ranges may not be ruled out before resuming. However, such moves stretching beyond 1620 may improve sentiments.
CASTOR NCDEX APR
May vary inside 5960-5760 ranges.
GUARSEED NCDEX APR
As long as support at 5180 is held downside, pullbacks to 5285/5325 ranges or even more may not be ruled out.
GUARGUM NCDEX APR
Higher level selling likely unless 10420 is breached convincingly upside.
SUNOIL NCDEX MAR
Profit booking may continue. However, a direct rise above 892 may call for more upsides.
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