Neel30

Another sugar stock for short term

Long
NSE:UTTAMSUGAR   UTTAM SUGAR MILLS
12 week cup with high handle.
Its also 3 week tight formation. so may give BO in current week.
Good fundamentals.
Good above 100 which is BRN and also pivot .
only thing to consider is 200 WMA at 110 where it may face resistance.