Agri Commodity Technical Report 24 July 2024 - Geojit Financial Services Ltd
JEERA NCDEX AUG
While there prevails a weak bias, pullbacks to 26500/27000 ranges may not be ruled out before resuming declining.
DHANIYA NCDEX AUG
May vary inside 7320-7100 ranges.
TURMERIC NCDEX AUG
May vary inside 16600-15000 ranges.
COCUDAKL NCDEX AUG
3005 is the immediate resistance and a voluminous rise above the same may call for 3020/3045 or even more. Inability to clear the same may call for corrective dips to 2965/2935 ranges.
KAPAS NCDEX APR25
1628 is the immediate resistance and a voluminous rise above the same is required for continuation of upward momentum. Inability to clear the same may see sideways to weak trades.
COTTON CANDY MCX JUL
Choppy moves expected.
CASTOR NCDEX AUG
A voluminous rise above 6150 may improve sentiments. Inability to clear may call for sideways to weak trades with support seen at 6020 ranges.
GUARSEED NCDEX AUG
As long as support at 5410 is held downside, pullbacks may be seen. However, a voluminous and sustained rise above 5580 is required for the sentiments to improve.
GUARGUM NCDEX AUG
May vary inside 10970-10580 ranges.
SUNOIL NCDEX JUL
Choppy moves with weak bias expected
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