Guar ended higher on hopes of lower production, thin arrivals and firm spot market prompted buying. Trading activities are gaining momentum in physical market. Traders are showing interest in buying at current levels. In the Jodhpur spot market, guar price gained 8 rupees to end at 2,377 rupees per 100 kg. Guar yesterday we have seen that market has moved 0.64%. Market has opened at 2338 & made a low of 2328 versus the day high of 2357. The total volume for the day was at 150640 lots and the open interest was at 164630.Now support for the guar is seen at 2333 and below could see a test of 2316. Resistance is now likely to be seen at 2362, a move above could see prices testing 2374.

Guar trading range is 2316-2374.

Guar ended higher Saturday due to thin arrivals and firm spot market.

Guar is having support at 2312 and resistance at 2358 level.

NCDEX accredited warehouses guar stocks fell by 247 tonnes at 29991 tonnes.

BUY GUAR MAR @ 2320-2330 SL 2294 TGT 2348-2362-2376.NCDEX

In Jodhpur price gained 45 rupees to end at 2,369 rupees per 100 kg