Commodity Guarseed for March 14

[preeti00]

The commodity prices for Guarseed April future contract traded extremely lowered on Saturday’s trading session. After making a low of 2678 prices settled near to its opening levels. The resistance at 2735 levels it is possible to resume its downtrend. RSI (14) daily ended at 0.34 levels and still it has the potential to move lower. We expect prices to remain lower and recommend selling near resistance levels. Guar seed NCDEX: Sell April at 2730 TP 2700 SL 2756.
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