Technical: Guar Gum Jodhpur- Accumulate

Dated 13/07/2018

Guar Gum Jodhpur- Last Close - 8584 Accumulate

Accumulate at current level of 8584 and on decline.

Expect a near term rise towards 9000-9500 zone.

Reversal appears to be in place and correction can lead to consolidation till the swing bottom of 7600 is not violated.

Conclusion

Accumulate on correction as consolidation can be witnessed.