Agri Commodity Technical Report 27 May 2024 - Geojit Financial Services Ltd
JEERA NCDEX JUN
May trade sideways with mild positive bias as long as support at 28500 is held downside.
DHANIYA NCDEX JUN
May trade sideways with mild positive bias as long as support at 28500 is held downside. Profit booking towards 7510/7460 ranges may not be ruled out. Alternatively, a direct voluminous rise above 7840 may call for 7880/7920 or more.
TURMERIC NCDEX JUN
While more upsides are in store, dips to 19960/19600 ranges may not be ruled out.
COCUDAKL NCDEX JUN
More upsides are store on a sustained voluminous rise above 2760. However, dips to 2745/2720 ranges may not be ruled out as well. An unexpected fall past 2680 may dampen sentiments.
COTTON CANDY MCX MAY
Choppy moves expected.
CASTOR NCDEX JUN
A movement inside 5800-5620 ranges expected.
GUARSEED NCDEX JUN
5465 is the immediate support, which if held downside may call for a bounce up. Slippage past the same may call for 5435/5405 or even more.
GUARGUM NCDEX JUN
Choppy moves with a mild positive bias anticipated as long as support at 10650 is held downside.
SUNOIL NCDEX MAY
Even as there prevails a positive bias, dips to 872/866 ranges may not be ruled out.
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