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

Technical Commentary:

• Candlestick chart pattern shows indecision situation 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 3438 3459 3472 3492 3515
Intraday Trade Call Call Entry T1 T2 SL
Guar Seed NCDEX July BUY >3450 3473 3486 3436