Agri Commodity Technical Report 20 December 2024 - Geojit Financial Services Ltd
TECHNICAL VIEW
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
May vary inside 7700-8100 ranges.
TURMERIC NCDEX APR
May trade sideways to weak. However, an unexpected rise above 14350 may improve sentiments.
COCUDAKL NCDEX JAN
While there prevails a weak bias, pullbacks to 2645/2680 ranges may not be ruled out
KAPAS NCDEX APR25
While there prevails a weak bias, pullbacks to 1489/1498 ranges may not be ruled out.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX JAN
Pullbacks being witnessed may stretch towards 6380 or even more to 6480 ranges. Inability to clear 6500 may call for higher level selling.
GUARSEED NCDEX JAN
5210 is the immediate resistance and a voluminous rise above the same may call for 5230-5260 or even more. Slippage past 5120 may dampen sentiments.
GUARGUM NCDEX JAN
May stretch gains. However, an unexpected fall below 10030 may see weakness creeping in again.
SUNOIL NCDEX DEC
Choppy to weak trades expected.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
