Commodity:Jaggery (Gur)
Exchange:NCDEX
Perspective:Very Short Term


Technical Commentary:
• Range bound movement recorded in the Gur prices.
• Gur prices are hovering near to strong resistance level of Rs. 989. Two trades above resistance level will further indicate bullishness.
• Prices are below 9 and 18 day SMA which further indicates bearishness.
• RSI is also hovering to oversold region which indicates bullishness in the market.
Strategy: Wait
Intraday Supports & Resistances S2 S1 PCP R1 R2
Gur NCDEX July 979 982 988.50 991.50 999
Intraday Trade Call Call Entry T1 T2 SL
Gur NCDEX July Wait - - - -