Agri Commodity Technical Report 22 August 2024 - Geojit Financial Services Ltd
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JEERA NCDEX SEP
Even as there prevails a weak bias, pullbacks to 25450/25900 ranges may not be ruled out.
DHANIYA NCDEX SEP
Choppy to weak trades expected. A direct voluminous rise above 6860 may set in some short-covering moves.
TURMERIC NCDEX OCT
14900 is the immediate support level and a voluminous fall past the same could intensify weakness. Else, may hold the same for a bounce up.
COCUDAKL NCDEX SEP
A voluminous rise above 3345 ranges is required for the continuation of upward momentum. As long as this range caps, may trade sideways with support seen at 3240/3190 ranges.
KAPAS NCDEX APR25
Choppy to weak trade expected unless 1615 is breached convincingly upside.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
May vary inside 6160-6380 ranges.
GUARSEED NCDEX SEP
While there prevails a weak bias, pullbacks to 5240/5300 ranges may not be ruled out.
GUARGUM NCDEX SEP
Choppy to weak trades expected as long as 10470 caps upside for the day.
SUNOIL NCDEX AUG
Choppy moves expected.
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