Technical : Sugar Delhi Spot: Correction Is Likely To Be Seen 9 Nov 2017 2:12 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 09/11/2017 Technical : Sugar Delhi Spot : Correction Is Likely To Be Seen SUGAR M GRADE DELHI- 3802- Correction could be witnessed below 3685 Up Trend is in place and Bull market is still in progress in spite of the sideways movement that is being seen for last few months. The 55 VA is above 89 VA therefore indicating bull mark in progress. Recent low was 3685. Correction will continue for Wave ii if sustains below 3685. Retracement levels are at 3606 and 3363. Further rise is above 3945. On further sustained rise and close above 3945 expect a rally to 4305. Correction may be happen in short term . Conclusion Sideways movement prevails. Correction phase resumes and will continue below 3685.   Rate this story 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 :       Post Comment		Latest Special Reports Weekly: ICE raw sugar futures post double digit price d... Weekly: ICE raw sugar futures extend week of loss on am... Weekly: ICE raw sugar futures track oil higher; US plan... Weekly: ICE raw sugar futures returns to weekly loss on... Weekly: ICE raw sugar futures snap four week of loss; g... more Top 5 News US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Castor Oil (Kadi) Weak Price Trend / Next Support at R... Top 5 Market Commentary ZCE Daily Rates Update ( Time: 21:23 ) - 25 APRL 2024 DCE OIL COMPLEX EVENING CLOSING 25 APRL 2024 Market Wise Urad Arrivals: Supply Up By 3.99% Against P... ICE/ZCE Daily Rates Update ( Time: 20:01 ) - 25 APRL 2... DCE Daily Rates Update ( Time: 20:15 ) - 25 APRL 2024