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 Russia's Wheat Reserves Hit Record Highs Amid Stalled E... International Grains Council Boosts 2023/24 Global Corn... Russia Reduces Wheat, Corn Export Taxes; Bans Durum Whe... USDA attache lowers India 2023/24 rice production forec... India Allows 95,000 MT Rice Export to Nepal more 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 Cotton Prices Hold Steady in North Indian States; Daily... Solapur Pulse Market: Tur Prices Decline; Chana Prices ... Tamil Nadu Civil Supplies Corporation Invites Tenders f... ICE raw sugar futures end mixed ICE cotton futures end week on a higher note