Agri Commodity Technical Report 23 December 2023 - Geojit Financial Services
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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
While there prevails a weak bias, a voluminous rise above 7600 or a fall past 7100 may lend fresh directions.
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
2780 is the immediate resistance and a voluminous rise above the same may call for more upside. Else, expect choppy to weak trades.
COTTON CANDY MCX DEC.
Choppy moves expected.
KAPAS NCDEX APR24
Could inch higher towards 1572/1586 or even more. In the meantime, dips to 1562/1552 ranges may not be ruled out as well.
CASTOR NCDEX JAN
A direct fall below 5680 or a rise above 5850 may lend fresh direction for the day.
GUARSEED NCDEX JAN
Dips to 5495/5430 ranges may not be ruled out. However, a direct rise above 5620 may call for more upsides.
GUARGUM NCDEX JAN
Expect more upsides on a direct voluminous rise above 11260. Inability to clear the same may call for dips, possibly towards 10925/10800 ranges
SUNOIL NCDEX DEC
Pullbacks to 838/852 ranges may not be ruled out even as there prevails a weak bias.
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