Sugar complete first minor impulse down wave

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 and see it has not broken my target is 200.