Agri Commodity Technical Report 30 August 2024 - Geojit Financial Services Ltd
JEERA NCDEX SEP
26200 is the immediate resistance and a voluminous rise above the same may improve sentiments. Inability to clear the same may call for sideways to weak trades with support seen at 25250/24500.
DHANIYA NCDEX SEP
Unless 7050 is breached convincingly upside, choppy moves with a mild negative bias may not be ruled out.
TURMERIC NCDEX OCT
Short-covering moves may stretch, possibly towards 13650/13900 or more even as there prevails a weak bias.
COCUDAKL NCDEX SEP
Even as there prevails a positive bias, may vary inside 3590-5470 ranges and a break out from either end of the aforementioned range may lend fresh direction for the day.
KAPAS NCDEX APR25
Pullbacks to 1628/1635 ranges may not be ruled out. A direct fall below 1612 may call for more corrective moves.
COTTON CANDY MCX SEP
Choppy moves expected
CASTOR NCDEX SEP
6150 is the immediate resistance and a voluminous rise above the same may stretch gains. A direct voluminous fall past 6020 could intensify weakness.
GUARSEED NCDEX SEP
Unless 5395 is breached convincingly upside, may trade sideways to weak.
GUARGUM NCDEX SEP
A voluminous rise above 10650 is required for sentiments to improve. Inability to clear the same may call for sideways to weak trades.
SUNOIL NCDEX SEP
May tick higher.
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