In the present moment, the price is analyzing support levels in the vicinity of Rs 10,422, which indicates that there is a potential possibility for a comeback. At the moment, the level of resistance is situated at Rs 10,728. The 50-period moving average is situated at Rs 10,850, which is the subsequent location. A bullish crossing is projected to occur in the near future, as shown by the MACD, which shows that there is a possibility of a rise in bullish momentum. Despite the fact that the volume has been stable, it has demonstrated a little increase throughout the time of price recovery, which indicates that there is an increasing desire among purchasers.

When the relative strength index becomes closer to the neutral zone, it indicates that there is a prospect for upward movement if the bullish momentum continues to build. According to the analysis of the market, Guar Gum Futures are now analyzing the support level at Rs 10,422, which is located slightly above the 200-period moving average at Rs 10,249. Depending on whether or not the support level can be maintained, the price movements that have been recorded point to the possibility of a trend change. According to the MACD, there is a possibility of a bullish crossing, which suggests that there is a possibility that upward momentum is on the horizon.

In spite of the fact that the volume has stayed same, there has been a clear increase throughout the most recent period of recovery, which indicates that purchasers are becoming more eager to purchase. It has been determined that resistance is located at Rs 10,728. Additionally, a big barrier is located close to the 50-period moving average around Rs 10,850. In light of the fact that the Relative Strength Index is getting closer and closer to the neutral zone, it is possible that the market is getting ready for a temporary bullish move, provided that the MACD confirms this.