The commodity trend in Guarseed April future prices is continued with its upside movements on Wednesday’s commodity trading session also. After making a high of 2906 it settled at 2880 levels at MCX and NCDEX.
The commodity guarseed is trading below the daily short term EMA’s suggests downside movement. However, on the lower side support is at 2860 levels, which may help the commodity guarseed prices to remain higher. RSI (14) daily ended at 0.46 levels and showing a higher potential.
It is expected that the prices will move higher and recommend buying in commodity guarseed if it sustains well above the mentioned support levels.
Guar seed NCDEX: Sell April at 2886 TP 2840 SL 2905
Want more Gains and commodity-share-tips Click and Gain
The commodity guarseed is trading below the daily short term EMA’s suggests downside movement. However, on the lower side support is at 2860 levels, which may help the commodity guarseed prices to remain higher. RSI (14) daily ended at 0.46 levels and showing a higher potential.
It is expected that the prices will move higher and recommend buying in commodity guarseed if it sustains well above the mentioned support levels.
Guar seed NCDEX: Sell April at 2886 TP 2840 SL 2905
Want more Gains and commodity-share-tips Click and Gain
