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Agri Commodity Technical Report 19 March 2024 - Geojit Financial Services
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JEERA NCDEX APR
Choppy to weak trades expected. A direct voluminous rise above 24750 may set in some short-covering moves
DHANIYA NCDEX APR
May trade sideways to weak. However, a rise above 7940 may probably set in some short-covering moves.
TURMERIC NCDEX APR
18040 is the immediate resistance and a voluminous rise above the same may call for 18400 or even more. Inability to clear the same may call for sideways to weak trades.
COCUDAKL NCDEX APR
May trade sideways to weak unless 2960 is breached convincingly upside.
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
Higher level selling unless 1605 is breached convincingly upside.
CASTOR NCDEX APR
May vary inside 5960-5760 ranges.
GUARSEED NCDEX APR
5210 is the immediate resistance and a voluminous rise above the same may set in short-covering moves. Else, expect sideways to weak trades.
GUARGUM NCDEX APR
Higher level selling likely unless 10420 is breached convincingly upside.
SUNOIL NCDEX MAR
Mau tick higher. However, slippage past 882 may call for more downside correction.
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