Technical : Guar Gum Jodhpur Spot : Consolidating For a Bull Market 7 Nov 2017 9:17 am   0 Comments  |   Post Comment  |  Font Size A A A  Dated – 08/09/17 Technical : Guar Gum Jodhpur Spot : Consolidating For a Bull Market Guar Gum- Jodhpur- last close-8196- Accumulate Bull Market appears to have begun after the up trend 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 Consolidation for a bull market rally may happening. Accumulate at 8196 to 8000 as the opportunity arises.   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 Slowdown in Castor Arrivals Leads to Price Increase in ... Gujarat Poised for Higher Summer Groundnut Production, ... Malaysia's Apr 1 - 20 palm oil exports rises 14.32 pct... All India Steel Rates 20 Apr 2024 Mumbai Minor Metal 20 Apr 2024