Agri Commodity Technical Report 22 April 2024 - Geojit Financial Services Ltd
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JEERA NCDEX MAY
22500 is the immediate resistance and a voluminous rise above may set in more short-covering moves. Inability to clear the same may see sideways to weak trades.
DHANIYA NCDEX MAY
May vary inside 7710-7400 ranges.
TURMERIC NCDEX JUN
Even as there prevails a positive bias, dips to 18200/17900 ranges may not be ruled out.
COCUDAKL NCDEX MAY
Unless 2610 is breached convincingly upside, may trade sideways to weak. On the downside, a voluminous fall past 2520 could intensify weakness.
COTTON CANDY MCX MAY
Choppy moves expected.
KAPAS NCDEX APR24
Weak bias expected.
CASTOR NCDEX MAY
May trade sideways to weak unless 5960 is breached convincingly upside.
GUARSEED NCDEX MAY
Profit booking towards 5480 or even more to 5430 ranges may not be ruled out. A direct voluminous rise above 5610 may improve sentiments.
GUARGUM NCDEX MAY
Dips to 10800/10650 ranges may not be ruled out unless 11200 is breached convincingly upside.
SUNOIL NCDEX APR
A rise above 886 or a fall past 860 may lend fresh directional move.
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