Agri Commodity Technical Report 4 March 2024 - Geojit Financial Services
JEERA NCDEX APR
Even as there prevails weakness, short covering moves may be seen possibly towards 24650/25200 or even more. However, slippage past 23700 may intensify weakness.
DHANIYA NCDEX APR
Dips to 7920-7850 ranges may not be ruled out even as there prevails a positive bias. However, an unexpected fall below 7750 may lessen the positive bias.
TURMERIC NCDEX APR
Even as more upsides are in store, dips to 16700/16400 ranges may not be ruled out.
COCUDAKL NCDEX APR
2740 is the immediate resistance and a voluminous rise above the same may call for more upsides. Inability to clear the same may call for corrective dips to 2710/2680.
COTTON CANDY MCX MAR
Corrective dips are likely. However, a voluminous rise above 62800 may call for more upsides.
KAPAS NCDEX APR24
May inch higher. However, a direct voluminous fall past 1628 may lessen prevailing positive bias.
CASTOR NCDEX APR
A rise above 5860 or a fall past 5720 ranges may lend fresh directions for the day.
GUARSEED NCDEX APR
5280 is the immediate support and slippage past the same accompanied by considerable volume could intensify weakness. Else may hold the same for a bounce up, possibly towards 5365/5410
GUARGUM NCDEX APR
A voluminous rise above 10460 or a fall past 10250 may lend fresh directional move for the day.
SUNOIL NCDEX MAR
May inch higher. However, a direct voluminous fall past 842 may call for more downside correction.
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