Dow Jones -UBS Sugar Index: First minor impulse down wave seems complete. Prices break trend channel resistances. We could see a corrective structure up now till key resistances at 149/156/189 levels from current 137 levels.
i expect all round recovery in sugar futures across the world market and also see indian sugar stock to blast.
from 145 levels i am telling my clients to buy bajaj hind from last one month with stop loss of 132...
