Agri Commodity Technical Report 21 December 2023 - Geojit Financial Services
JEERA NCDEX JAN
A movement inside 41000-35000 expected and a voluminous break from either sides of the aforementioned range may lend fresh direction for the day.
DHANIYA NCDEX JAN
May trade sideways to weak unless 7600 is breached convincingly upside.
TURMERIC NCDEX APR
May trade sideways to weak. However, a voluminous rise above 14800 accompanied by considerable volume may set in short covering moves.
COCUDAKL NCDEX JAN
Unless 2745 is breached convincingly upside, may trade sideways to weak and a voluminous fall past 2670 could intensify weakness.
COTTON CANDY MCX DEC
Choppy moves expected
KAPAS NCDEX APR24
A rise above 1556 or a fall past 1528 may lend fresh direction for the day.
CASTOR NCDEX JAN
A direct fall below 5680 or a rise above 5850 may lend fresh direction for the day.
GUARSEED NCDEX JAN
Unless 5460 is breached convincingly upside, may trade sideways to weak.
GUARGUM NCDEX JAN
May trade sideways to weak unless 10700 is breached convincingly upside.
SUNOIL NCDEX DEC
Weak bias seen.
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