Dalmia Bharat Sugar : Bullish harami at core support levels

Price action could take bullish reversal owing to candlestick as seen from core support levels after prolonged downtrend as seen earlier

RSI also seen to be taking rebound from "oversold" zone

Aiming for short term for Target 1 and 2 thereon after entry confirmation and thereafter, resistance (C) levels

Rest in charts..
Comment: Scrip had seen further selling and downtrend however, it has found support and consolidating around 98-104 price range after posting progressive Q3 results

Also, The company has managed to reduce finance cost by approx 50%

The recent news for hike in import tax would also turn advantage for the specific sector

Planning to enter around 114 post confirmation (Good opportunity)
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out