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Guar Gum Analysis

Guar Gum Futures Face Resistance Challenge

NCDEX Live News

The current price levels are located in close proximity to the zone where the 50-hour and 200-hour moving averages converge. The current support is situated in the vicinity of Rs 10,450–10,500, which closely corresponds to the most recent foundational area. There is a substantial retracement level that coincides with the observed resistance, which is located Read More

Guar Gum Futures Bounce Back at Key Support

NCDEX Live News

By rebounding from the 200-hour moving average, the current price action indicates that a solid foundation has been built. This is shown by the fact that the basis has been established. The 50-hour moving average is currently situated around approximately Rs 10,790, which acts as a substantial hurdle in the short term. A probable decrease Read More

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