Agri Commodity Technical Report 28 December 2023 - Geojit Financial Services
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JEERA NCDEX JAN
Weakness likely to continue. Yet, pullbacks to 34600/35200 ranges may not be ruled out.
DHANIYA NCDEX JAN
7100 is the immediate support and a voluminous fall past the same may call for more downsides. Else, may hold the same for a bounce up.
TURMERIC NCDEX APR
Sideways to weak trades expected unless 14650 is breached convincingly upside
COCUDAKL NCDEX JAN
Choppy to weak trades expected unless 2810 is breached convincingly upside.
COTTON CANDY MCX JAN
Choppy moves expected
KAPAS NCDEX APR24
A voluminous rise above 1570 is required for sentiments to improve. Inability to clear the same may call for sideways to weak trades.
CASTOR NCDEX JAN
A direct fall below 5680 or a rise above 5850 may lend fresh direction for the day.
GUARSEED NCDEX JAN
A voluminous rise above 5625 is required for continuation of upward momentum. As long as this range caps, may trade sideways to weak with support seen at 5470/5420 ranges.
GUARGUM NCDEX JAN
May trade sideways to weak unless 11060 is breached convincingly upside.
SUNOIL NCDEX JAN
Pullbacks to 836/845 ranges may not be ruled out even as there prevails a weak bias
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