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Last Updated : July 30, 2010 14:20
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NCDEX Guar Seed Aug trades lower to 2380

Guarseed August future prices traded completely lower on yesterday’s trading session. After making a low of 2370 it settled at 2380 levels.

As markets are trading well below the EMA suggests prices to trade lower. Market is witnessing a crucial support at 2351.00 levels and is unable to sustain below these levels.

The momentum indicator RSI (14) daily is treading at 0.380 levels. Overall, we expect prices to trade lower and recommend selling.

NCDEX Guar seed August: Sell at 2382 TP 2352 SL 2402

Courtesy: Karvy Commtrade Ltd.

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MCX GOLDGUINEA 31 March 2012 contract was trading at Rs 22586 , up Rs. 106 . What's your view on it?
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