Sugar is reaching to new multi year highs in world markets but in India there is no whisper at all, are we all going to be surprised or shocked. What the hell is going on ?. Indian sugar eq stocks are in their vicious bear markets .Either they are making new lows or near lows. No large cap sugar stock is showing bullish intentions.Nifty : ( cmp 6177 )
More downside if nifty slips below 6150 (this must hold).
If nifty can cross 6270 then expect to reach or cross earlier all time high otherwise get ready for a painful experience.
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Dow support @ 11025 : crossing 11200 would be a very important event .
