Agri Commodity Technical Report 12 December 2023 - Geojit Financial Services
AGRI PICKS
JEERA NCDEX JAN
36000 is the immediate support and slippage past the same accompanied by considerable volume may see weakness intensifying. However, if the same holds, then pullbacks to 38300/39650 ranges may not be ruled out.
DHANIYA NCDEX JAN
Unless 7800 is breached convincingly upside may trade sideways to weak.
TURMERIC NCDEX AP
14200 is the immediate support and slippage past the same may intensify weakness. On the upside, a direct rise above 14960 may set in short-covering moves.
CUDAKL NCDEX JAN
Pullbacks to 2815-2850 ranges may not be ruled out even as there prevails a weak bias.
COTTON CANDY MCX DEC
Choppy moves with mild positive bias expected.
KAPAS NCDEX APR24
May trade sideways to weak unless 1596 is breached convincingly upside.
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
May trade sideways to weak and a direct voluminous fall past 5510 may intensify weakness.
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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