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Showing posts from February 10, 2017

SUGAR STOCKS - 17 MONTHS SWEET SPOT

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On 23rd March 2016, Posted here regarding sugar sector and some sugar stocks, click here to see that post.


Now sugar sector uptrend phase 17 months old.
How long it can sustain ? 
Can history give some clue ? 
May be. 


Last Sugar Sector uptrend phase life was 3 years ( May 2003 to April 2006) after that 9 years downtrend & consolidation phase(2006-2015)-1/2 — Murugavel (@murugavell) February 10, 2017

-2/2, Present uptrend phase in Sugar Sector started in Oct 2015, price-wise already several X rewarded  &  now we are in  17th month — Murugavel (@murugavell) February 10, 2017

If history repeats, time-wise, we are in half way mark so  can expect sugar sector top out / peak out  somewhere 3rd Quarter of 2018 — Murugavel (@murugavell) February 10, 2017

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Points to be remember : 
Time-wise ,already, it crossed half way mark
and 
Price-wise,already, gave several times.
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