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 Weekly: ICE raw sugar futures post double digit price d... 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... more Top 5 News Desi Moong (Jaipur) Inflection Point: Retesting Key Re... Rajkot Groundnut Oil Loose Correction Underway / Next ... US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Top 5 Market Commentary Cotton Prices Hold Steady in Lower Rajasthan as Spinnin... Indian Soybean Arrivals Decline as Oil Prices Plummet Steady Cotton Prices in Maharashtra; Daily Arrivals Dec... Cotton Prices Dip in Madhya Pradesh; Daily Arrivals Ste... Shanghai Futures Exchange Reports Decline in Copper Inv...