Agri Commodity Technical Report 8 April 2024 - Geojit Financial Services Ltd
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JEERA NCDEX MAY
A rise above 24000 or a fall past 23000 may lend fresh direction for the day.
DHANIYA NCDEX MAY
Choppy to weak trades with support at 7760/7680 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
As long as support at 2570 is held downside, pullbacks are likely. However, a voluminous rise above 2640 is required for sentiments to improve.
COTTON CANDY MCX MAY
Choppy to weak moves expected.
KAPAS NCDEX APR24
A voluminous rise above 1535 may set in short-covering moves. Else, expect choppy to weak trades.
CASTOR NCDEX MAY
A rise above 6010 or a fall past 5920 may lend fresh directional moves.
GUARSEED NCDEX MAY
More upsides are probably instore. However, dips to 5410/5360 ranges may not be ruled out.
GUARGUM NCDEX MAY
May inch higher. On the downside, a voluminous fall 10540 may lessen the prevailing positive bias.
SUNOIL NCDEX APR
Dips to 874/868 ranges may not be ruled out unless 885 is breached convincingly upside.
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