Technical: Sugar M Grade Delhi - Downtrend Momentum Continues



Technical: Sugar M Grade Delhi - Downtrend Momentum Continues

8 May 2018 12:46 pm

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Dated 08/05/2018
SUGAR M GRADE DELHI - 2758 - Down Trend Momentum Continues

Expect the current down trend and slide to continue to test back the last bottom of 2495 formed in August 2015.

Support can be witnessed at lower range.

Trend is down.

Resistance on pullback can be at 3150 for resistance is recovers from current level.

Conclusion
Expect 2495 to be tested with volatility.

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