Technical: Guar Gum Jodhpur Spot : Accumulate At Lower Levels 21 Nov 2017 3:03 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 21/11/2017 Technical: Guar Gum Jodhpur Spot : Accumulate At Lower Levels Guar Gum- Jodhpur- last close-8199- Accumulate Accumulate at 8196 to 8000 as the opportunity arises. Bull Market appears to have begun after the uptrend that was seen in last couple of months. Resistance is at 8280-8300. Further breakout and close above 8300 can set rally to 10028 and 12110. Prices are above both the averages and 55 VA is above 89 VA. Support may be witnessed on the averages which are placed at 7419 and 7569. Overall till 6800 is not violated correction can lead to a consolidation to eventually show a rally past the lower top of 8300. Conclusion Accumulate at lower level as consolidation for a bull market rally may happening.   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 Impact of Interim Budget 2024 on Indian Agriculture more Top 5 News 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... RBD Palm Olein (Kandla) Positive Short-term Trend / Ne... Soybean Meal (Indore) Trending Higher / Next Resistanc... Top 5 Market Commentary DCE Oil Complex Mid-Day Closing 18 Apr 2024 Cotton Prices Stable in Karnataka Amid Limited Demand; ... Cotton Prices Show Mixed Trend in Andhra and Telangana;... BMD CPO edge higher after 4 consecutive sessions of los... Mustard seed complex continues its bearish trend amid w...