Agri Commodity Technical Report 18 September 2024 - Geojit Financial Services Ltd
JEERA NCDEX OCT
May stretch gains. However, a direct voluminous fall below 25200 may call for dips to 24800-24400 or even more.
DHANIYA NCDEX OCT
While there prevails a positive bias, dips to 7190-7100 ranges may not be ruled out.
TURMERIC NCDEX OCT
14600 is the immediate resistance and a voluminous rise above the same may call for 14950 or more. Inability to clear the same may call for sideways trades with support seen at 14150/13800-13500.
COCUDAKL NCDEX DEC
May vary inside 3090-3000 ranges and a voluminous break from either side could lend fresh direction for the day.
KAPAS NCDEX APR25
1638 is the immediate resistance and a voluminous rise above the same may call for 1645 or more. Inability to clear the same may call for sideways to weak trades.
COTTON CANDY MCX SEP
Choppy moves expected.
CASTOR NCDEX OCT
While there prevails a positive bias, dips to 6340/6280 ranges may not be ruled out.
GUARSEED NCDEX OCT
5430 is the immediate support, which if held downside may call for a bounce back. Slippage past the same may call for 5390-5350.
GUARGUM NCDEX OCT
10700 ranges if held downside may call for a bounce back. Else, expect corrective moves to continue, possibly towards 10630-10560 ranges.
SUNOIL NCDEX SEP
May trade with mild positive bias.
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