Agri Commodity Technical Report 30 December 2024 - Geojit Financial Services Ltd
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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
A voluminous rise above 8100 is required for continuation of upward momentum. Inability to clear the same may call for sideways to weak trades.
TURMERIC NCDEX APR
May stretch gains. An unexpected fall below 13750 may see weakness creeping in.
COCUDAKL NCDEX JAN
May vary inside 2710-2610 ranges. A break from either end of the aforementioned range may lend fresh directions.
KAPAS NCDEX APR25
Sideways to weak trades anticipated unless 1510 is breached convincingly upside.
COTTON CANDY MCX JAN
Choppy moves expected.
CASTOR NCDEX JAN
Dips to 6320/6250 ranges or even more may not be ruled out. A direct voluminous rise above 6430 may set in some short-covering moves.
GUARSEED NCDEX JAN
A voluminous rise above 5360 may improve sentiments. However, a direct fall below 5240 may call for more downside correction.
GUARGUM NCDEX JAN
Sustained voluminous rise above 10470 may stretch gains. However, a direct fall below 10360 may call for more downside correction.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
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