NCDEX Guar Gum June: Sell On Rise 26 May 2017 9:59 am   0 Comments  |   Post Comment  |  Font Size A A A  NCDEX Guar Gum June: Sell On Rise Report for Date: 26/05/17 The trend is down in Guar Gum futures on NCDEX. June 2017 Guar gum futures contract settled at Rs. 7560 per quintal Thursday. Hold short positions with a stop loss of 7890. Sell on rise to 7590 – 7640 levels or above. Expect lower levels of 7400 – 7210 to be tested. TREND INFORMATION WITH INTRA-DAY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Sell On Rise 7560.00 7985.81 DOWN 8469 21.04 7328 7479 7548 7630 7781 *Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume V -G/L% Open Interest OI -G/L % Candle Position 7560.0 0.3 15630 -19.8 37720 -4.6 Indecisive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 36.60 2.35 15.87 -47.72 -173.62 -4.41 42.27 0.25 Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above. View Full Image Read Disclaimer   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 TechAnalysis Report Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ... Guar Seed (Jun 24) Neutral Trend / Buy on Breakout / K... Guar Gum (Jun 24) Neutral Trend / Buy on Breakout / Ke... Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ... Guar Seed (Jun 24) Neutral Trend / Buy on Breakout / K... more Top 5 News Cotton Candy (May 24) Bearish Trend / Sell on Rise / K... Mentha Oil (May 24) Neutral Trend / Buy on Breakout / ... Base Metals Zinc (May 24) Bullish Trend / Buy on Dips... Base Metals Lead (May 24) Bullish Trend / Buy on Dips... Base Metals Copper (May 24) Neutral Trend / Buy on Br... Top 5 Special Reports Soybean Meal (Indore) Consolidating Near Short-term Su... Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex... Rice Bran Refined Oil (Ludhiana) Trading in a Range (R... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... U.S. Soybean Oil Loses Ground in Biofuel Market