Agri Commodity Technical Report 4 April 2024 - Geojit Financial Services
JEERA NCDEX MAY
23900 is the immediate resistance and a voluminous rise above the same may set in more short-covering moves. Inability to clear the same may call for choppy to weak trades.
DHANIYA NCDEX MAY
May stretching gains on a voluminous rise above 8050. Else, expect choppy trades with supports seen at 7850/7760.
TURMERIC NCDEX JUN
May inch higher. However, an unexpected fall below 16800 may dampen sentiments.
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
A rise above 1575 or a fall past 1515 may lend fresh directions for the day.
CASTOR NCDEX MAY
GUARSEED NCDEX MAY
Dips to 5282/5250 ranges may not be ruled out. Alternatively, a direct voluminous rise above 5370 may improve sentiments.
GUARGUM NCDEX MAY
Dips to 10420-10360/10280 ranges may not be ruled out. On the upside, a direct voluminous rise above 10520 may call for 10640 or more.
SUNOIL NCDEX APR
Dips to 874/868 ranges may not be ruled out unless 885 is breached convincingly upside.
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