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Agri Commodity Technical Report 26 August 2024 - Geojit Financial Services Ltd
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JEERA NCDEX SEP
A voluminous rise above 25950 is required for continuation of upward momentum. 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
While there prevails weakness, pullbacks to 14700/15100 ranges may not be ruled out. However, a voluminous rise above 15600 is required for the sentiments to improve.
COCUDAKL NCDEX SEP
Even as there prevails a positive bias, profit booking may be seen towards 3230/3180 ranges. On the upside, 3440 is seen as key resistance.
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 trade sideways to weak unless 6280 is breached convincingly upside.
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 10420 caps upside for the day.
SUNOIL NCDEX AUG
Choppy moves expected.
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