Technical : Guar Seeds Bikaner Spot : Sideways Phase Is In Progress 21 Nov 2017 3:00 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 21/11/2017 Technical : Guar Seeds Bikaner Spot : Sideways Phase Is In Progress GUAR SEEDS BIKANER- Last Close- 3680 : Sideways/Correction Phase In Progress Daily Chart Available Data The 55 VA is above 89 VA but price is fluctuating around the averages. The average are flat and horizontal which suggest sideways movement for near term. Further weakness is below 3500. The 61.8% retracement has been tested which is around 3550. Upside momentum is above 3775. Consolidation could be happening at current level of 3650-3500. Downside movement will resume below 3500. Subsequently, Guar Seed prices will slide towards 3300-3200. Conclusion - Sideways consolidation phase to emerge.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Weekly: ICE raw sugar futures extend week of loss on am... Weekly: ICE raw sugar futures track oil higher; US plan... Weekly: ICE raw sugar futures returns to weekly loss on... Weekly: ICE raw sugar futures snap four week of loss; g... Weekly: ICE raw sugar futures extend fall for fourth we... more Top 5 News US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... Mumbai Black Matpe (Urad) Trending Higher / Next Resis... Top 5 Market Commentary ZCE Cotton And Yarn Evening Closing - 18 Apr 2024 DCE Oil Complex Evening Closing - 18 Apr 2024 Clove Prices Hold Steady Across Key Markets Domestic Pepper Prices Dip Slightly; Stability in Vietn... Small Cardamom Prices Maintain Upward Trend; Arrivals S...