Technical: Guar Seed Bikaner- Trend Line Support Held

Dated 24/07/2017

Weekly Chart

Prices managed to hang on to the trend line in spite of the attempt of trend line breakdown.

A recovery above the trend line has been witnessed.

Further weakness is below 3200.

Expect a rise towards DRV which is at 3521.

Conclusion

Traders long can maintain 3200 as stop loss and look for rise to 3521.

Selling will continue below 3200.