Commodity	:	Guar Gum
Exchange	:	NCDEX
Perspective	:	Very Short Term

Technical Commentary:

• Candlestick chart pattern shows bullish sentiment in the market.
• Prices closed above the short term EMAs (9 and 18 day) which further remains supportive for firmness in market.
• RSI is moving up in positive zone indicating the bullish sentiment in the market.

Strategy: Buy from support level is advisable.

Intraday Supports & Resistances S2 S1 PCP R1 R2
Guar Gum NCDEX June 10502 10625 10640 10694 10720
Intraday Trade Call Call Entry T1 T2 SL
Guar Gum NCDEX June BUY >10625 10678 10694 10596