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		Top 5 News Canadian Lentil Prices Hit Record Highs, Outlook Remain... Canadian Chickpea Prices Hit Record High, Outlook for 2... Canadian Dry Pea Market Sees Price Rise Despite Export ... Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... Soy Refined Oil (Indore) Trading Near Key Resistance (... Top 5 Market Commentary Mumbai Pulse Market Shows Steady Trend; Slight Decline ... Cotton Prices Stable in Madhya Pradesh; Daily Arrivals ... WAREHOUSE / VAULT WISE STOCK POSITION AS ON 19-04-2024 Cotton Prices Stable in Lower Rajasthan Amid Spinning M... Stability Returns to Gujarat Cotton Market as Improveme...