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


Technical Commentary:
• Candlestick chart pattern shows bullish sentiment in the market.
• Price is trading above 9 & 18 day SMA which further suggests bullishness.
• RSI is moving up in oversold region which suggests bullishness in the prices.

Strategy: It is advisable to buy from support level.

Intraday Supports & Resistances S2 S1 PCP R1 R2
Sugar NCDEX June 2571 2603 2601 2637 2644
Intraday Trade Call Call Entry T1 T2 SL
Sugar NCDEX June BUY >2604 2626 2637 2591