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

Technical Commentary:

• Candlestick chart pattern shows bearish 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 down in positive zone indicating the bearish sentiment in the market.

Strategy: Buy from support level is advisable.

Intraday Supports & Resistances S2 S1 PCP R1 R2
Guar Gum NCDEX July 10652 10879 10945 10971 10989
Intraday Trade Call Call Entry T1 T2 SL
Guar Gum NCDEX July BUY >10879 10929 10953 10846