April 06, 2011

Commodity Guarseed NCDEX Tip for 06 April

The commodity guarseed traded higher at NCDEX during the day and settled at 2871. Commodity NCDEX chart daily showed that guarseed prices are settled above exponential moving averages and suggesting that bullish mode might be there for intraday. The commodity Guarseed showing higher volume with a bullish mode

According to commodity technical indicator RSI (14) is at 0.50 suggesting upside potential for commodity NCDEX. Overall guarseed is expected to remain on the higher side.

Guar seed NCDEX: Buy April at 2850 TP 2900 SL 2827

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