Agri Commodity Technical Report 4 December 2023 - Geojit Financial Services Ltd
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JEERA NCDEX DEC
A movement inside 47000-44000 is in progress and a break from either side of the aforementioned range may lend fresh direction for the day.
DHANIYA NCDEX JAN
8350 is the immediate support, which if held downside may call for a bounce up. A voluminous fall past the same may call for more downside correction, possibly towards 8270-8200 or even more.
TURMERIC NCDEX APR
Choppy trades with a weak bias expected unless 15700 is breached accompanied by considerable volumes.
COCUDAKL NCDEX JAN
2870 is the immediate support and slippage past the same may call 2850-2820 or even more. On the upside, a voluminous rise above 2930 may improve sentiments.
COTTON CANDY MCX DEC
Weakness seen.
KAPAS NCDEX APR24
A rise above 1578 or a fall past 1552 may lend fresh direction for the day.
CASTOR NCDEX JAN
While there prevails a weak bias, pullbacks to 5940-5990 ranges may not be ruled out.
GUARSEED NCDEX JAN
May trade sideways to weak unless 5760 is breached convincingly upside.
GUARGUM NCDEX DEC
Sideways to weak trades expected unless 11620 is breached accompanied by considerable volumes.
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