Agri Commodity Technical Report 20 June 2024 - Geojit Financial Services Ltd
JEERA NCDEX JUL
Choppy to weak trades with dips towards 27950/27600 ranges may not be ruled out. However, a direct voluminous rise above 28900 may improve sentiments.
DHANIYA NCDEX JUL
May vary inside 7610-7430 ranges.
TURMERIC NCDEX AUG
A voluminous rise above 18650 or a fall past 17500 may lend fresh directions.
COCUDAKL NCDEX JUL
A voluminous rise above 2770 is required for the sentiments to improve. Inability to clear the same may see choppy to weak trades with support seen at 2725/2705/2675.
KAPAS NCDEX APR25
A rise above 1578 or a fall past 1560 may lend fresh direction for the day.
COTTON CANDY MCX JUL
Choppy moves expected.
CASTOR NCDEX JUL
May vary inside 5840-5680 ranges.
GUARSEED NCDEX JUL
5380 is the immediate support, which if held downside may call for a bounce back. Sustained trades below the same accompanied by considerable volume may call for 5350-5320 or more.
GUARGUM NCDEX JUL
Choppy to weak trades expected unless 10960 is breached convincingly upside.
SUNOIL NCDEX JUN
Profit booking may be seen, possibly towards 934/925 ranges even as there is a positive bias.
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