Tuesday, February 7, 2012

NCDEX Commodity Tips for June 10th, 2010: Buy NCDEX Guar Gum

June 10, 2010 by  
Filed under Analyst's Corner, General, NCDEX Tips

NCDEX Commodity Tips for June 10th, 2010: Buy NCDEX Guar Gum June above 4775 SL 4718 TGT 4850

NCDEX Guar Gum June Contract, prices on its Daily chart has formed White Morubozu candle-stick which indicates strong buying pressure in Guar Gum. Prices are close to resistance at 4775, a move above this will trigger buying with TGT of 4850 which is next Resistance whereas support is seen at 4720.

On indicator front RSI & MACD both are rising from bottom.

NCDEX Trading Strategy for 10th June, 2010: Buy NCDEX Guar Gum June above 4775 with Stop Loss of 4718 for Target of 4850.

Contributed By: Deepak Jain CFA, ICFAI, Hyderabad.

Related Posts with Thumbnails

Comments

3 Responses to “NCDEX Commodity Tips for June 10th, 2010: Buy NCDEX Guar Gum”
  1. rakesh bhatter says:

    plz contact me

  2. Muhammad Aamir Naeem says:

    Dear Sir

    This is Muhammad Aamir Naeem From Karachi Pakistan.i m Guar technologist and consultant i want to join a very strong and sound group of Guar Gum please contact to me

    Thnx & Regards
    Muhammad Aamir Naeem
    +92-300-9279192

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!