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 July 10652 10890 10975 11023 11047
Intraday Trade Call Call Entry T1 T2 SL
Guar Gum NCDEX July BUY >10941 10993 11023 10920