Dated 10/02/2017
SUGAR M GRADE DELHI – last close-3945(10/02/201): Expect near term rally
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(Monthly Chart)
Wave (c) is in progress and may get punctured only below 3682.
Expect 4305 is likely to be tested.
Eventually, the stock can show a rally to 4830.
Conclusion
Overall bullish till 3682 is not violated
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