Agri Commodity Technical Report 19 December 2024 - Geojit Financial Services Ltd
JEERA NCDEX JAN
Choppy moves expected. A direct rise above 24500 or a fall below 23400 may lend fresh direction for the day.
DHANIYA NCDEX JAN
Choppy to weak trades expected unless 8100 is breached convincingly upside. A direct voluminous fall below 7680 could intensify weakness.
TURMERIC NCDEX APR
May trade sideways to weak. However, an unexpected rise above 14350 may improve sentiments.
COCUDAKL NCDEX JAN
Pullbacks to 2680/2710 may not be ruled out even as there prevails a weak bias. A direct fall below 2605 may intensify weakness.
KAPAS NCDEX APR25
Higher level selling likely unless 1515 is breached convincingly upside.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX JAN
Pullbacks to 6350-6380 ranges may not be ruled out even as there prevails a weak bias.
GUARSEED NCDEX JAN
May tick up. However, a voluminous rise above 5210 is required for the sentiments to improve.
GUARGUM NCDEX JAN
10250 may act as a key resistance range for the short covering moves to gather momentum. Inability to clear the same may call for higher level selling.
SUNOIL NCDEX DEC
Choppy to weak trades expected.
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