[sharetrading] Sugar

 

Sugar closed the week, by rising above and closing the resistance. I guess it will rally ahead and in case of a reaction also, there is adequate support in form of MA’s and a strong equity market.

Buy and hold and be cautious of trading till danger signals are seen only.

Do not trade a scrip if price above 13ema which is rising and above it.

 

Happy week end

Enjoy

 

Abe

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