Dalmia sugar is looking good to be a part of bull run of sugar stocks. Levels are mentioned on chart. Stock is near 23.6% of Fibonacci retracement level. If level is broken, we can see stock moving to ATH as well. However, Commodity stocks have an added risk of being news driven so trade with strict SL. Idea shared strictly for educational purposes
The Diamond Bottom pattern is a technical analysis pattern that can indicate a potential reversal in a downtrend and the beginning of a new uptrend. It is characterized by a series of higher highs and lower lows, forming a broadening pattern, followed by a narrowing trading range. The same has been identified in daily chart of DALMIASUG Here is a...
- Consolidation for a year - Possible accumulation schematic in formation - Retesting previous resistance Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
CMP: 536 - Breakout after 10 months consolidation near All Time High
Yet to break its all time high 545. If it break 545-550range with volume we can see a bull run. Fundamentally company looks good. Watch out for that important level break. Pattern Target 750. Keep this stock in your watchlist and Do your own analysis before investment.
DALMIA BHARAT SUGAR Stock trading in a range from past 9months after ATH levels. Recent Volumes are also favorable for stock to buy If sustain above 490-500 levels then will go easily ATH levels of 520 ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade
Huge Volume, looks good! Just a educational view. - AM
Dalmia sugar can move above 447 , Keep it on your watchlist for Monday Analysis mentioned over chart.
The stock has been following the ascending trend of higher highs and higher lows for a few weeks now. There is a pattern emerging by looking at the chart, which I have divided in 3 phases. Each phase is preceded by high volume, followed by consolidation. As soon as the price has touched the trendline, we have observed a spurt in volume and price. If the history...
Daily Chart #TATAPOWER NSE: TATAPOWER Short Term Quick Profit CMP 113.35 Target : 127.75 SL : 107 Timeframe < 30 Days Can hold for longer time The BONUS: The stock is picked up not for this small target. The Long Term Target is a lot more This might take around 9-12 months from now. ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections and then higher...
Daily Chart #PHILIPCARB NSE: PHILIPCARB CMP 242.50 Target : 296 SL 222 RR Ratio > 2.5 Time Frame < 60 D ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish...