Technical : Sugar M Grade Delhi : Correction Continues 31 Jan 2018 1:23 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 31/01/2018 Technical : Sugar M Grade Delhi : Correction Continues SUGAR M GRADE DELHI : Last Close : 3113 Trend is down as prices are below the 55VA and 89 VA. Bull market structure likely to dismantle. A retracement of the rise from 2415 to 3929 is being witnessed now. The 61.8% retracement levels are placed at 2966. The low registered on the correction till now is 3113. The 61.8% of 2966 is likely to be tested. Conclusion Correction phase is in progress to test 3162 and 2966.   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 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... Weekly: ICE raw sugar futures extend fall for fourth we... more Top 5 News US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... Mumbai Black Matpe (Urad) Trending Higher / Next Resis... Top 5 Market Commentary ZCE Cotton And Yarn Evening Closing - 18 Apr 2024 DCE Oil Complex Evening Closing - 18 Apr 2024 Clove Prices Hold Steady Across Key Markets Domestic Pepper Prices Dip Slightly; Stability in Vietn... Small Cardamom Prices Maintain Upward Trend; Arrivals S...