Agri Commodity Technical Report 23 May 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUN
Even as there prevails a positive bias, 28500 is the immediate support, which if held downside may call for a bounce up. Slippage past the same may see profit booking continuing.
DHANIYA NCDEX JUN
More upsides are probably in store. However, slippage past 7620 may call for more downside correction.
TURMERIC NCDEX JUN
More upsides are probably in store, though slippage past 19450 may dampen sentiments for the day.
COCUDAKL NCDEX JUN
May stretch gains. However, unexpected fall below 2695 may lessen positive bias.
COTTON CANDY MCX MAY
Choppy moves expected.
CASTOR NCDEX JUN
A movement inside 5800-5620 ranges expected.
GUARSEED NCDEX JUN
Choppy moves expected. A rise above 5610 or a fall past 5460 may lend fresh directional moves for the day.
GUARGUM NCDEX JUN
Dips to 10860/10750 ranges may not be ruled out. However, such moves stretching beyond 10650 may see weakness creeping in.
SUNOIL NCDEX MAY
878 is the immediate resistance and a voluminous rise above the same may call for 882/887 or more. Alternatively, unexpected fall below 860 may weaken sentiments.
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