[sharetrading] Re: Sugar

 

Sugar seems to be consolidating ...are there any positive cues building up for the next upmove?

Ravi

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From: A P Abraham <abrahamap@airtelmail.in>
To: sharetrading@yahoogroups.com
Sent: Wed, 9 June, 2010 12:28:45 PM
Subject: [sharetrading] Sugar

 

Sugar is near 2+% up. With no indication of tiring. The resistance is another 2% away. Breach of that or a reaction of that will spell direction of sugar.

Markets have breached a DB. Near 5013 fut. So till that is not taken out, one should remain out. Today markets are all in tandem. But feel markets are headed higher. That will be confirmed only close abv 5070

 

Abe

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