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Einstein15
Apr 9, 2022 12:18 PM

The Sweet ETHANOL Story 

NSE:DHAMPURSUG1W
DHAMPUR SUGAR MILLNSE

Description

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Petrol Price above 121 today. :( Making Ethanol Blending a must ,as per govt strategy
These top 15 Sugar mills producing Ethanol are rocketing high. Pick your longterm Winners
Interestingly Support/ Resistance in most are very EQUIDISTANT.( see arrows in charts)
(Monthly Charts)

Avadh Sugar-->


Balrampur Chini -->


Dalmia Bharat -->


Dhampur Sugar-->


Dharani Sugar-->


Dwarikesh Sugar-->


EID Parry-->


KM Sugar -->


Kothari Sugar -->


Magadh Sugar -->


Uttam Sugar -->


Mawana Sugar -->


Rajshree Sugar -->


Rana Sugar -->


Shree Renuka Sugar -->


Triveni Engg -->














Chart PatternsARTdhampursugar
Comments
guide733
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Good work sir. Excellent effort. Govts aim is at least 20 % blending of ethanol with Petrol or diesel . Currently we are at just 10% - 12% . There is a long way to go , though Govt wants 20% by 2025. More capacities will have to be set up for distilleries to produce more ethanol to produce sufficient quantity of Ethanol . There fore sugar is likely to be in a sweet spot for quite some time . Pick up fast horses.
Einstein15
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@guide733, Aweaome! Thanks for the superb explanation!!!!!
mangalamskitchen
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excellent sir
Einstein15
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@mangalamskitchen, Thanks a lot.
TRADEWITHFUN247
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really you are very creative I am learning very much from you
Einstein15
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@TRADEWITHFUN247, Thanks Dude! :)
AashishShaarma
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great chart sirji
Einstein15
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@AashishShaarma, Thx Sharma Ji
RisingPrince
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Wonderful thought
Einstein15
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@ImALoser, thank you! Mr. Loser . :D
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