EID parry : Sugar sector breakout done and Retested
Stock is trading near 52W high.
Upcoming budget would be favorable for sugar sector. Ethanol blending restrictions may be removed.
Good level for buying 690-735.
Take time for buying (staggered manner).
Stoploss the base of breakout.
Target 25%
Upcoming budget would be favorable for sugar sector. Ethanol blending restrictions may be removed.
Good level for buying 690-735.
Take time for buying (staggered manner).
Stoploss the base of breakout.
Target 25%
Note
802 hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.