Agri Commodity Technical Report 14 December 2023 - Geojit Financial Services
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JEERA NCDEX JAN
Pullbacks being witnessed currently could continue. However, a direct fall below 37300 may dampen sentiments.
DHANIYA NCDEX JAN
A voluminous rise above 7800 or a fall past 7500 may lend fresh direction for the day.
TURMERIC NCDEX APR
May stretch gains, however, a voluminous rise above 15700 is required for continuation of upward momentum.
COCUDAKL NCDEX JAN
As long as support at 2770 is held downside, pullbacks are likely. However, a voluminous rise above 2860 is required for sentiments to improve.
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
Choppy to weak trades expected unless 11320 is breached convincingly upside.
SUNOIL NCDEX DEC
Pullbacks to 856-865 ranges may not be ruled out even as there prevails a weak bias.
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