Sugar prices bounced from the support of Rs2,850 and tested the psychological resistance of Rs2,900 before settling marginally lower last week.
For the short run, Rs2,920 acts as an immediate resistance for the prices to stage a comeback.
Considering the ability of the prices to hold on the support zone of Rs2,850-2,825 in recent times, prices could exhibit mixed tone with positive bias.
For the short run, Rs2,920 acts as an immediate resistance for the prices to stage a comeback.
Considering the ability of the prices to hold on the support zone of Rs2,850-2,825 in recent times, prices could exhibit mixed tone with positive bias.
nice piece of information would like to come back
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