Agri Commodity Technical Report 9 April 2024 - Geojit Financial Services Ltd
JEERA NCDEX MAY
A rise above 24000 or a fall past 23000 may lend fresh direction for the day.
DHANIYA NCDEX MAY
7680 is the immediate support and slippage past the same may probably see weakness intensifying. Else, may hold the same for a bounce back.
TURMERIC NCDEX JUN
A rise above 17800 or a fall past 16800 may lend fresh direction moves for the day.
COCUDAKL NCDEX MAY
Higher level selling likely unless 2610 is breached convincingly upside.
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
Pullbacks to 5920/5960 ranges may not be ruled out. However, a direct fall below 5880 may see weakness intensifying.
GUARSEED NCDEX MAY
Dips to 5450/5380 ranges may not be ruled out even as there prevails a positive bias.
GUARGUM NCDEX MAY
Dips to 10820/10740 ranges may not be ruled out before bouncing up. However, such moves stretching beyond 10680 may lessen the prevailing positive bias.
SUNOIL NCDEX APR
Dips to 868/862 ranges may not be ruled out unless 886 is breached convincingly upside.
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