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Technical: Sugar M Grade Delhi- Correction Likely As Breakout Not Witnessed

20 Jun 2017 12:28 pm
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Dated 20/6/2017

SUGAR M GRADE DELHI - 3910 - Correction likely as breakout not witnessed

Monthly Chart



Expect correction to 3577 in near term to short term.


As long as breakout and close above 3970 is not violated.


Correction possibility remains.



Conclusion


Sideways movement prevails. Correction towards DRV is likely which is around 3577.


       
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