www.tradingview.com White Sugar price increase will lead to the breakout of local Delta sugar price. Long position is foreseen check the analysis to determine whether it suits you
Urea & White sugar prices increased in the commodities market; this price increase will flirt with the bullish fertilizers sect of the EGX. ABUK & MFPC will lead EGX30 to the 30K Bar. SUGAR is TAILGAITING
Buy different levels marked. *Education purpose only. Investment in stock market is subject to market risk.
13:45 on Thursday, Bullish signals were present. Sugar is supertrending, taking into consideration stability of USD EGPp rate.
Given the mounting anger and protests by farmers across Europe, there appears to be a significant challenge stemming from contradictory and potentially detrimental agricultural policies. The grievances include increased costs for agricultural diesel, additional fees for water consumption, complex regulations, and objections to bans on pesticides and herbicides...
Weekly chart, SUGAR commodity has broken down support line # 2, and is heading towards #1 at around 17.12 Below that, the next target price will be 10.67 Another scenario is to rebound from Support # 1 towards 21 then 23 MACD indicator went negative, while RSI is getting into the buy area
Potential to see a decent sized exit pump. I would play it like this. IF earnings brings us down to like 43, BUY. IF earnings brings us up to 57-63, SELL. There are only two really short term trends I could find, they both trend down. The rejection trend is quite strong, I expect this stock, if it tops out, to top out around 71. But it's hard to say at this...
Coffee, Sugar, Cocoa, and all 5 milk futures are listed in this layout. People buy a lot of coffee and milk which is why this chart is of importance. The Sugar, Coffee, and Cocoa are obviously used to make the caffeinated drink.
The sugar price has now reached the upper border of the pink trend channel. It should now break through this line, as it should continue to rise significantly with the yellow wave b. We expect the high to be in the green target zone between USX 28.72 and USX 30.84, which will then allow for new declines.
Weather has always been a key factor influencing the outlook for major commodities, especially agricultural commodities. The arrival of El Niño in June 2023 has led to a wide divergence in the performance across agricultural commodities. As discussed in our previous blog “What does El Niño’s return mean for commodities?”, the effects of El Niño include specific...
Is this a massive Head and Shoulders pattern for Sugar? The head and left shoulder are complete but will the right shoulder form and head to the mid 7s? Time will tell and we'll know by early 2025. This all started in June 2014.
The New York Sugar Futures continues performing as anticipated. The expected ST downside correction is taking place .
" PARALLEL CHANNEL BREAK OUT " High Volume Based Entry level - 98-100 SL - 90 (with previous candle below level) Targets - 107,113,118+ Market Capitalization of Dwarikesh Sugar stock is Rs 1,923.50 Cr. #DWARIKESHSUGAR Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered...
Sugar continues performing perfectly as anticipated. Wave 5 in progress but rally starts showing ST hesitation which might trigger a ST downside correction in the coming sessions.
ICE NEW YORK SUGAR FUTURES continues performing as anticipated. 5 impulsive waves with the 5th one in progress. The 5th wave will perform in 5 sub-waves.
See picture above for analysis. Price insdie daily area of supply so shorts are valid with confirmation.
so here is my seasonal swing pick balrampur chini you might have noticed that the price of sugar stocks generally rises during winter season & on chart its forming a classical Ascending Triangle Pattern.... here is my plan if it comes near support trendline after a good candle i will enter with 50% and rest on breakout of resistance, Or fully on Breakout Do...
NEW YORK SUGAR continues performing as anticipated. After the completion of the wave 4 correction, the market resumed rally to complete the wave 5 of the same degree.