Bajaj Hind Sugar best opportunity investment
Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small.
Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six...
Bajaj Hind Sugar best opportunity investment
Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small.
Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six...
Bajaj Hindusthan Sugar Ltd (BAJAJHIND) is in uptrend in monthly chart.
It has broke Inverted Head & shoulder and running in upside channel.
Sugar stocks looks positive.
Can be good long term trade if accumalted near support.
Bajajhind (Bajaj Hindusthan Sugar Ltd) closed yesterday at 36.25, bringing it close to the critical level of 39. A monthly close above 39 could potentially push the stock to 50 or even 58 levels. This stock attempted to break past 39 in February 2024 but failed to close above it. Since then, it has been trading within the range of 26.80 - 40.50.
Keep an eye on...
monthly trendline from high which breakout at after that come to retest and now at resiatance now stock is ready for again high and ready for 100+ target in few months
- Been in consolidation for 2 years
- Retesting the previous resistance
- A move above 20 can trigger a new rally.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
