Dated 22/08/2017
SUGAR M GRADE DELHI - 3800 - Correction and Sideways movement witnessed
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Band of movement for near term to short is likely to 3682 and 3970.
Deeper correction can be towards DRV which is at 3583.
Broadly price are likely to remain flat in a band for consolidation.
Movement is without any price progression and movement.
The chart shows that near term correction is likely to be seen but it not yet witnessed .
Movement is more inside a band.
Conclusion
Sideways movement prevails. Correction towards DRV is likely which is around 3583.
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