Technical : Sugar M Grade Delhi Spot : Correction Is Likely in Final Leg
SUGAR M GRADE DELHI : 3341
Wave ii appears to be complete as a result of the sharp rise seen on 12/02/2018.
Further correction is below 3113 for level of 2979.
Near term rise towards 3700-4000 is possible.
Conclusion
Correction phase could be ending now as a result of the sharp rise from 3113 to 3441.
Expect 3700-4000 once again.
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