Agri Commodity Technical Report 28 August 2024 - Geojit Financial Services Ltd
JEERA NCDEX SEP
May trade sideways with mild positive bias as long as support at 24500 is held downside.
DHANIYA NCDEX SEP
Corrective dips to 6940/6830 ranges may not be ruled out before bouncing up. However, an unexpected fall below 6700 may dampen the sentiments.
TURMERIC NCDEX OCT
Pullbacks to 13900/14200 ranges may not be ruled out even as there prevails a weak bias.
COCUDAKL NCDEX SEP
The witnessing profit booking may continue possibly towards 3495/3450 ranges. A direct voluminous rise above 3570 may improve sentiments.
KAPAS NCDEX APR25
1615 is the immediate support and a voluminous fall past the same may call for 1608/1598 or more. Else, may hold the same for a bounce up.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
Pullbacks to 6110-6180 ranges may not be ruled out. A direct voluminous fall past 6020 may call for more downsides.
GUARSEED NCDEX SEP
May stretch gains. However, a direct voluminous fall past 5180 may call for more downside correction.
GUARGUM NCDEX SEP
10350 is the immediate resistance and a voluminous rise above the same may call for 10460-10520 or even more. Inability to clear the same may call for corrective dips to 10160/10020.
SUNOIL NCDEX AUG
Choppy moves expected.
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