GUAR GUM futures viewGuar gum is an agri commodity
and is traded well in India
The counter is currently in grip of bears and can witness downmove
the earlier support now acting as resistance
as can be seen from charts
Guar
Bullish Harmonic Pattern seen on NCDEX Guargum chartA Bullish Harmonic Pattern is a type of technical analysis pattern that forms when price action creates specific price movements that resemble a harmonic wave pattern. It is a bullish pattern that suggests a potential trend reversal and a bullish move in the price of the asset.
While a Bullish Harmonic Pattern may indicate a potential bullish move, it is important to remember that technical analysis is just one tool among many for analyzing the markets. It is always important to conduct your own research, assess your risk tolerance and consider your investment goals before making any investment decisions.
