Agri Commodity Technical Report 20 August 2024 - Geojit Financial Services Ltd
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JEERA NCDEX SEP
Even as there prevails weakness, pullbacks to 25850/26750 ranges may not be ruled out.
DHANIYA NCDEX SEP
While there prevails weakness, pullbacks to 6920-6950 or more may not be ruled out on a direct voluminous rise above 6860 ranges.
TURMERIC NCDEX OCT
A voluminous rise above 16600 or a fall past 15800 may lend fresh direction for the day.
COCUDAKL NCDEX SEP
While there prevails a positive bias, dips to 3240 or more may not be ruled out before inching up.
KAPAS NCDEX APR25
A voluminous rise above 1615 is required for the sentiments to improve. Inablity to clear the same may call for sideways to weak trades with support seen at 1590/1578.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
Choppy to weak trades expected, with supports seen at 6180/6120, as long as 6380 caps upside.
GUARSEED NCDEX SEP
A voluminous rise above 5410 is required for the sentiments to improve. As long as this range caps, may trade sideways to weak.
GUARGUM NCDEX SEP
Pullbacks to 10560-10620 ranges may not be ruled out even as there prevails a weak bias. A direct voluminous rise above 10720 may improve sentiments.
SUNOIL NCDEX AUG
Choppy moves expected.
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