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Technical : Guar Seeds Bikaner Spot : Profit Taking May Be Seen At Higher Levels

3 Feb 2018 12:58 pm
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Dated - 03/02/2018


Technical : Guar Seeds Bikaner Spot : Profit Taking May Be Seen At Higher Levels

GUAR SEEDS BIKANER- Last Close- 4650


Daily Chart Available Data





Wave iii has begun as a result of the breakout above 4130.

In last update, we had indicated that sustained rise above 4130 will show a rise towards 4655 and 5000.

The high registered till now is at 4600.

Expect rise towards 4655 and 5000.

Profit booking could be witnessed at 4655 and 5000 in near term.

Trend is up and bull market is in place.

The 55 VA is above 89 VA.

Correction to 4400-4180 can be seen if fails to sustain at higher level.

Conclusion - Minor profit booking at 4655 and 5000 could be witnessed.

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