Agri Commodity Technical Report 27 August 2024 - Geojit Financial Services Ltd
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JEERA NCDEX SEP
Could inch higher. However, an unexpected fall below 24500 may call for more weakness.
DHANIYA NCDEX SEP
May stretch gains. A direct fall below 6700 accompanied by considerable volume may call for more downsides.
TURMERIC NCDEX OCT
Weakness may continue. On the upside, a direct rise above 14800 may set in some short covering.
COCUDAKL NCDEX SEP
More upsides are probably in store. On the downside, slippage past 3425 may call for more downside correction.
KAPAS NCDEX APR25
Corrective dips to 1628/1615 may not be ruled out even as the sentiments are sanguine.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
Higher level selling likely. A direct rise above 6180 could set in some short covering moves.
GUARSEED NCDEX SEP
Pullbacks to 5240 or more may not be ruled out. A direct fall below 5120 could call for more weakness.
GUARGUM NCDEX SEP
Pullbacks are expected. However, a direct voluminous fall below 9860 could intensify weakness.
SUNOIL NCDEX AUG
Choppy moves expected.
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