Date: 26/09/13 NCDEX Guar gum Nov – The trend is down in Guar - TopicsExpress

Date: 26/09/13 NCDEX Guar gum Nov – The trend is down in Guar gum futures on National Commodity and Derivatives Exchange (NCDEX) as we are witnessing a correction of recent rise from 11060-21850 in key November 2013 contract. One can hold short positions if any with stop loss of 16600. Expect a fall to 15950-15750 in an intra-day time-frame. Commodity - GUAR GUM Last Close - 16150 Daily Reversal Value - 18909 Trend - DOWN L1 - 15757 L2 - 15953 CP - 16277 L3 - 16473 L4 - 16797

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