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Technical : Guar Seeds Bikaner Spot : Correction Is In Progress

3 Apr 2018 8:52 am
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Dated - 02/04/2018


Technical : Guar Seeds Bikaner Spot : Correction Is In Progress

GUAR SEEDS BIKANER- Last Close- 4000

Daily Chart Available Data





Correction to 55 VA and 89 VA is likely to be tested.

The average are placed at 4022 and 3899.

Support could be fetched around 3899.

The 61.8% retracement of the rise from 3530 to 4600 is placed at 3960.

A fall below 3899 could change the structural count.

Subsequently may slide to 3530.

Currently, support is expect at 89 VA which is at 3899 and the 61.8% retracement level.
Strategy

Accumulate at average of 3899 as the opportunity arises as support is expected at lower level.

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