Uttam Sugar Mills breakout complete now consolidating.
All observations on chart.
All sugar stocks are zooming.
Uttam sugar has formed a large falling wegde, bullish pattern. After breaking out stock is sideways for almost 4+ months with increased volumes, this shows accumulation is going on.
Expecting a breakout soon here.
Entry will trigger above 116. RR is more than 1:1. To make it more favorable one can enter with conviction now at CMP .
One can buy partial quantity now and rest above 116.
Besides these Other sugar stocks.
1.
BALRAMCHIN
2.
ANDHRSUGAR
( link attached below )
3.
DHAMPURSUG
4.
DALMIASUG
5. BSE:DCMSRMIND
6.
AVADHSUGAR
All sugar stocks are zooming.
Uttam sugar has formed a large falling wegde, bullish pattern. After breaking out stock is sideways for almost 4+ months with increased volumes, this shows accumulation is going on.
Expecting a breakout soon here.
Entry will trigger above 116. RR is more than 1:1. To make it more favorable one can enter with conviction now at CMP .
One can buy partial quantity now and rest above 116.
Besides these Other sugar stocks.
1.
BALRAMCHIN
2.
ANDHRSUGAR
( link attached below ) 3.
DHAMPURSUG
4.
DALMIASUG
5. BSE:DCMSRMIND
6.
AVADHSUGAR
Comment:
Mind blowing Move 🔥
Comment:
Upper circuit and also near 1st target.
Standing at 55% gains.
Take some money home 😊
Standing at 55% gains.
Take some money home 😊
Comment:
2x from the buy given. Superb gains.
Book full. Fantastic trade
Book full. Fantastic trade
Partial buy is now in 25 to 30% profit.
Even if retracment is small still we get a good average 🤩