Agri Commodity Technical Report 13 December 2023 - Geojit Financial Services
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JEERA NCDEX JAN
Even as there prevails a weak bias, pullbacks to 37200/38300 or even more may not be ruled out.
DHANIYA NCDEX JAN
Unless 7800 is breached convincingly upside may trade sideways to weak.
TURMERIC NCDEX APR
Pullbacks to 14450/14700 ranges may not be ruled out even as there prevails a weak bias. However, a voluminous rise above 15000 is required for sentiments to improve.
COCUDAKL NCDEX JAN
Pullbacks to 2815-2840 ranges may not be ruled out even as there prevails a weak bias.
COTTON CANDY MCX DEC
Choppy moves expected.
KAPAS NCDEX APR24
May trade sideways to weak unless 1596 is breached convincingly upside. A direct fall below 1564 may call for more downsides.
CASTOR NCDEX JAN
Slippage past 5820 may call for 5750 or even more. Else may hold the same for a bounce back. Yet, a voluminous rise above 6040 is required for sentiments to improve.
GUARSEED NCDEX JAN
May trade sideways to weak unless 5650 is breached convincingly upside.
GUARGUM NCDEX DEC
Pullbacks to 11040/11180 may not be ruled out. A direct fall below 10750 may intensify weakness.
SUNOIL NCDEX DEC
Pullbacks to 860-870 ranges may not be ruled out even as there prevails a weak bias.
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