Powered by: Motilal Oswal
03-04-2024 12:30 PM | Source: Geojit Financial Services
Agri Commodity Technical Report 3 April 2024 - Geojit Financial Services

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

JEERA NCDEX MAY

Even as there prevails a weak bias, pullbacks to 23050/23450 ranges may not be ruled out.

DHANIYA NCDEX MAY

7940 is the immediate resistance that has to be breached convincingly for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades.

TURMERIC NCDEX APR

The bounce back seen after taking support around 16100 ranges could stretch towards 16800-17000 or even more. Alternatively, slippage past 16200 may call for more downsides.

 

COCUDAKL NCDEX MAY

Dips to 2640-2630 ranges may not be ruled out. A direct rise above 2685 may call for 2710 or even more.

COTTON CANDY MCX MAY

Choppy moves expected.

KAPAS NCDEX APR24

Choppy to weak trades expected unless 1575 is breached convincingly upside.

CASTOR NCDEX MAY

 

GUARSEED NCDEX MAY

Unless 5295 is breached convincingly upside, choppy to weak trades may be seen with support seen at 5235/5205.

GUARGUM NCDEX MAY

A voluminous rise above 10500 ranges required for continuation of upwards momentum. Inability to clear the same may call for sideways to weak trades.

SUNOIL NCDEX APR

May trade sideways with mild positive bias as long as support at 862 is held downside.

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 

SEBI Registration Number: INH200000345

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer