Login ID:
Password:
Partner Login
Contact Us : 7066511911

Technical: Sugar M Grade Delhi- 3150 - Lower Range

31 Jan 2019 6:07 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

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.



Conclusion

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.


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Special Reports
Weekly ICE Sugar: Ends Down; August Contract Expiry May...
Weekly ICE Sugar: Ends down; Lower 2019-20 India Output...
Weekly ICE Sugar: Ends Slightly Up; Weak India Monsoons...
Weekly ICE Sugar: Ends Weak On Expectations Of Ample Su...
more
Top 5 News
India's Vegetable Oil Import Up 6% YoY In June At 11.05...
WEEKLY Red Chilli: Prices Likely To Remain Firm On Expo...
WEEKLY Jeera: Prices Likely To Fall Ahead
WEEKLY: Coriander Export May Decline Ahead Amid Supply ...
WEEKLY Cardamom: Prices Unlikely To Come Down Due To De...
Top 5 Market Commentary
Govt Revises Down Base Import Price Of Edible Oils
Chana Flat At Major Spot Markets; Imported Variety Chan...
Spot Mentha Extends Gains On Restricted Supplies
Domestic Tur Trades Firm At Selective Markets
Domestic Sugar Prices Ease On Subdued Buying
Copyright © CC Commodity Info Services LLP. All rights reserved.