Feb 2017 Guar gum futures contract settled at Rs. 6347 per quintal Tuesday.
Hold long positions with a stop loss of 6000.
Further rise is above 6520.
Expect higher levels of 6700 – 6980 to be tested.
INTRA-DAY LEVELS FOR NCDEX GUAR GUM FEB 2017 CONTRACT
*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. Positional Traders: If trend is up then traders long can hold long position with closing stop loss of DRV: Close >DRV. If trend is down, then traders can hold short position with a closing stop loss of DRV: Close <DRV.
PRICE, VOLUME AND OPEN INTEREST STRATEGY
% V Inc/Dec
% OI Inc/Dec
TECHINCAL INDICATORS TABLE
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