Dhampur Sugar - Breakout

DevanNaayar Updated   
CMP - 317.60
Dhampur Sugar Mills is one of the leading integrated sugarcane factories in India. Improving fundamentals with increasing revenue and net profit for past quarters. Stock is now at its 52 week high. FIIs are increasing their holdings. Now stock broken it's 1 year and 6 months long resistance trend lines. Waiting for a retest. If it breaks, then 400 mark is approachable.
Trade active:
300 and 320 levels are crucial for support and resistance breaking.


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