05-04-2024 09:51 AM | Source: Geojit Financial Services
Agri Commodity Technical Report 5 April 2024 - Geojit Financial Services

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JEERA NCDEX MAY

Dips to 23300 or more may not be ruled out and such moves stretching beyond 22500 may see weakness intensifying. On the upside a sturdy rise above 23900 is required for the sentiments to improve.

DHANIYA NCDEX MAY

Choppy to weak trades with support at 7850/7760 ranges may be seen unless 8050 is breached convincingly upside.

TURMERIC NCDEX JUN

May inch higher. However, a fall past 17200 may call for a revisit towards 16800 or more.

 

COCUDAKL NCDEX MAY

May inch lower and 2570 is seen as the key support, which if held downside may call for a bounce back. On the upside, a voluminous rise above 2680 in the near term is required for continuation of upwards momentum.

COTTON CANDY MCX MAY

Choppy to weak moves expected.

KAPAS NCDEX APR24

A rise above 1575 or a fall past 1515 may lend fresh directions for the day.

CASTOR NCDEX MAY

May trade sideways with mild positive bias as long as support at 5860 stays undisturbed downside.

 

GUARSEED NCDEX MAY

Dips to 5320/5280 ranges may not be ruled out or may not be ruled out unless 5410 is breached convincingly upside.

GUARGUM NCDEX MAY

Dips to 10510/10380 ranges may not be ruled out unless 10800 is breached convincingly upside.

SUNOIL NCDEX APR

Dips to 874/868 ranges may not be ruled out unless 885 is breached convincingly upside.

 

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