In one sense it is good that sugar is taking time to melt because it won't affect our health & we can feel its sweetness as well.
From last update- prices has been struggling in the zone 15-16. Likely, we are close to do some trending move upside with key support at 14.90. Initial Target could be 18.40-18.50 & beyond that it should be looking an area of 19.50-19.90.
Common Renuka - I want you to see upside in the zone 18-19. Trading@16.75
before you could fall sharply down.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ