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Technical: Sugar M Grade Delhi- 3150 - Lower Range

31 Jan 2019 6:07 pm
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Dated 31/11/2019

Sugar M Grade Delhi- 3150 - Lower Range To Attract Support On Monthly Chart

Support on month chart at lower range can be witnessed. The lower range can be 3132-3084-3030.

Lower range can attract support.

Resistance will be at 3132-3245-3411

Upside momentum is above 3245

Overall for near term band is 3411-2635.


Correction can be for accumulation as it is likely to be for consolidation before a new breakout.

Accumulate at 3132-3084 or below as long as 3030 is not violated.

Breakout above 3245 is essential in the near term.

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