Agri Commodity Technical Report 19 December 2023 - Geojit Financial Services
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JEERA NCDEX JAN
37000 is the immediate support and slippage past the same may call for more downsides. Else may hold the same for a brief bounce up.
DHANIYA NCDEX JAN
Weakness may continue. A voluminous rise above 7800 is required for sentiments to improve.
TURMERIC NCDEX APR
A rise above 15400 or a fall past 14100 may lend fresh direction for the day.
COCUDAKL NCDEX JAN
2695 is the immediate support and slippage past the same may call for 2670 or even more. Alternatively, a direct rise above 2745 may set in some shortcovering moves.
COTTON CANDY MCX DEC
Choppy moves with weak bias expected.
KAPAS NCDEX APR24
There prevails a weak bias and 1528 is the immediate support and slippage past the same may call for more downsides. However, pullbacks to 1545/1556 ranges may not be ruled out.
CASTOR NCDEX JAN
Pullbacks to 5800/5860 may not be ruled out. A direct fall below 5680 could intensify weakness.
GUARSEED NCDEX JAN
Even as there prevails weakness, pullbacks to 5425-5470 ranges may not be ruled out.
GUARGUM NCDEX JAN
May trade sideways to weak unless 11020 is breached convincingly upside.
SUNOIL NCDEX DEC
Weak bias seen.
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