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

Technical Commentary:
• Candlestick chart pattern shows bullish sentiment in the market.
• Prices closed above 9 and 18 day EMAs supporting the bullish momentum in the short term.
• Momentum indicators MACD is moving up in negative zone, indicates the bullish sentiment in the market.

Strategy: Buy on dips near support level.

Intraday Supports & Resistances S2 S1 PCP R1 R2
Gur NCDEX July 976 982 989.5 1004 1014
Intraday Trade Call Call Entry T1 T2 SL
Gur NCDEX July BUY >982 991 1003 973