Agri Commodity Technical Report 11 December 2023 - Geojit Financial Services
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AGRI PICKS
JEERA NCDEX JAN
Even as there prevails a weak bias, 37600/38100-38600 ranges may not be ruled out.
DHANIYA NCDEX JAN
Even as there prevails a weak bias, pullbacks to 7610/7740 ranges may not be ruled out.
TURMERIC NCDEX APR
A voluminous rise above 15500 or a fall past 14500 may lend fresh direction for the day.
COCUDAKL NCDEX JAN
May vary inside 2790-2925 ranges.
COTTON CANDY MCX DEC
Choppy moves with mild positive bias expected.
KAPAS NCDEX APR24
Dips to 1584/1578 ranges may not be ruled out before resuming rising. However, an unexpected fall below 1565 may dampen sentiments.
CASTOR NCDEX JAN
A direct voluminous rise above 6040 may improve sentiments. Inability to clear the same may call for sideways to weak trades.
GUARSEED NCDEX JAN
5640 is the immediate resistance and a voluminous rise above the same may set in short covering moves. Inability to clear the same may call for sideways to weak trades.
GUARGUM NCDEX DEC
May vary inside 11400-10950 and a voluminous break from either sides could lend fresh directional move.
SUNOIL NCDEX DEC
May trade sideways to weak unless 872 is breached convincingly upside.
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