Agri Commodity Technical Report 6 March 2024 - Geojit Financial Services
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JEERA NCDEX APR
Weak bias prevails though pullbacks to 25150-25650 ranges may not be ruled out.
DHANIYA NCDEX APR
More upsides are in store though dips to 8150/8020 ranges may not be ruled out.
TURMERIC NCDEX APR
Even as more upsides are in store, dips to 17000/16800 ranges may not be ruled out. However, such moves stretching beyond 16750 may lessen the prevailing positive bias.
COCUDAKL NCDEX APR
Choppy to weak trades expected unless 2750 is breached convincingly upside.
COTTON CANDY MCX MAR
Corrective dips are likely. However, a voluminous rise above 62800 may call for more upsides.
KAPAS NCDEX APR24
May trade sideways to weak unless 1660 is breached convincingly upside and such moves stretching beyond 1628 may call for more downside correction.
CASTOR NCDEX APR
May inch higher. However, unexpected fall below 5750 may dampen sentiments.
GUARSEED NCDEX APR
5180 is the key support downside, which if held downside may call for a bounce up. Slippage past the same accompanied by considerable volume may intensify weakness.
GUARGUM NCDEX APR
Higher level selling likely unless 10420 is breached convincingly upside.
SUNOIL NCDEX MAR
May vary inside 856-828 ranges.
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