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Guar Gum Futures

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

Guar Gum Futures Hit Hard by Bearish Trends

NCDEX Live News

The current price is located below both the 50-day and the 200-day moving averages, which indicates that a negative trend is now prevalent in the market. The MACD shows that there has been a clear bearish crossing, which suggests that there is a possibility that the downward momentum will continue. The Relative Strength Index has Read More

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