Agri Commodity Technical Report 23 August 2024 - Geojit Financial Services Ltd
JEERA NCDEX SEP
25950 is the immediate resistance that has to be breached convincingly for further upsides. Inability to clear the same may call for sideways to weak trades.
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. As long as this range holds, pullbacks may be seen. However, a voluminous rise above 15500 is necessary for the sentiments to improve.
COCUDAKL NCDEX SEP
May stretch gains on sustained rise above 3345 ranges. Unexpected fall below 3270 may call for more downside correction.
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
Choppy to weak trades expected. A direct voluminous rise above 5240 could set in some short covering moves.
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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