Agri Commodity Technical Report 29 May 2024 - Geojit Financial Services Ltd
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JEERA NCDEX JUN
Pullbacks to 29000-29250 ranges may not be ruled out. However, a sustained rise above 29500 ranges is required for sentiments to improve. Inability to clear the same may see downside correction continuing .
DHANIYA NCDEX JUN
With support around 7460 being held downside, pullbacks may not be ruled out. A voluminous fall past 7450 may call for 7380 or more.
TURMERIC NCDEX JUN
Pullbacks to 18900/19200 ranges may not be ruled out. However, a direct voluminous fall past 18600 may call for 18400 or more.
COCUDAKL NCDEX JUN
Choppy moves inside 2700-2760 ranges expected.
COTTON CANDY MCX JUL
Choppy moves expected.
CASTOR NCDEX JUN
A movement inside 5800-5620 ranges expected.
GUARSEED NCDEX JUN
May vary inside 5550-5400 ranges.
GUARGUM NCDEX JUN
Choppy to weak trades expected unless 10790 is breached convincingly upside.
SUNOIL NCDEX JUN
Even as the sentiments stays sanguine, dips to 895 may not be ruled out. However, such move stretching beyond 886 may lessen the prevails positive bias. Alternatively, a direct voluminous rise above 912 may call for 924 or more.
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