Agri Commodity Technical Report 31 December 2024 - Geojit Financial Services Ltd
TECHNICAL VIEW
JEERA NCDEX JAN
A direct voluminous rise above 24500 may stretch gains. Inability to clear the same may see sideways to weak trades.
DHANIYA NCDEX JAN
Even as there prevails a positive bias, dips to 8000 ranges may not be ruled out. However, an unexpected fall below 7900 may dampen sentiments.
TURMERIC NCDEX APR
May stretch gains. An unexpected fall below 14100 may call for more downside correction.
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
May trade sideways with mild positive bias as long as support at 6320 is held downside.
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
Unless 10470 is breached convincingly upside, may trade sideways to weak.
SUNOIL NCDEX JAN
Choppy to weak trades expected.
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