Commodity:Guar Seed
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 positive zone, indicates the bullish sentiment in the market.

Strategy: Buy form supports level is advisable.

Intraday Supports & Resistances S2 S1 PCP R1 R2
Guar Seed NCDEX July 3437 3462 3477 3501 3519
Intraday Trade Call Call Entry T1 T2 SL
Guar Seed NCDEX July BUY >3462 3488 3498 3439