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Sugar CSCE

Global sugar prices might have finally bottomed as it took support on the blue long term trendline of a large triangle. On daily charts we have seen prices go above daily averages with a higher top bottom formation near term. If a long term low is in place we should start looking at this sector again later. Coffee and Sugar maybe the last few global agro commodities still to join the move up already seen in corn cocoa wheat and soy and lumber.

sugar 240518

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Crude Leads The Way for Nifty - May 2018

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Rohit Srivastava: ' Indiacharts® is a live update of my market analysis for public reading. My views are based on my understanding of the markets after years of such analysis, since 1991. MORE ABOUT ME 

 
 
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