Technical: Guar Gum Jodhpur-Accumulate

Dated 17/10/2018

Guar Gum Jodhpur- Last Close - 9367 Accumulate

Breakout above 9663 and 10291 is essential to extend the rise.

Consolidation appears to have been formed for breakout.

Retracement levels are at 8782-8600-8278.




Conclusion

Accumulate on correction to retracement levels as overall rally likely to be witnessed post resistance breakout above 9663 and 10291.