DHAMPURSUG | Positional Trade📊 DETAILS
Sector: Sugar
Mkt Cap: 1,665 cr
Dhampur Sugar Mills (Dhampur) is one of the leading integrated sugarcane processing companies in India. Our continuous and often pioneering efforts to harness the full potential of sugarcane has enabled us to expand our portfolio beyond sugar to include renewable power, fuel ethanol, alcohol, extra neutral alcohol, alcohol based chemicals and bio fertilizers.
TTM PE : 11.65 (High PE)
Sector PE : 11.70
Beta : 0.84
📚 INSIGHTS
Slowing down stock
Stock with good financial perrformance alongside good to expensive valuation, but technical indicators shows weak momentum indicating no investors interest in stock.
23.07% away from 52 week high
Underperformer - Dhampur Sugar Mills down by -3.97% v/s NIFTY 50 up by 2.22% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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DHAMPURSUG
DHAMPURSUG | Swing Trade📊 DETAILS
Sector: Sugar
Mkt Cap: 2,001 cr
Dhampur Sugar Mills (Dhampur) is one of the leading integrated sugarcane processing companies in India. Our continuous and often pioneering efforts to harness the full potential of sugarcane has enabled us to expand our portfolio beyond sugar to include renewable power, fuel ethanol, alcohol, extra neutral alcohol, alcohol based chemicals and bio fertilizers.
TTM PE : 12.23 (High PE)
Sector PE : 11.90
Beta : 0.96
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
8.96% away from 52 week high
Underperformer - Dhampur Sugar Mills down by -4.42% v/s NIFTY 50 down by -1.49% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
dhampur sugar millshare name : dhampur sugar mill
call type : poistional
- share is consolidating in a tight range from a
very long time and forming a descending
triangle too
- We can see a clear breakout on descending
triangle and range too
- we can accumulate this share above 345 level
with target of 400 and 472 with sl of 300
thanks
DAILY SWING CALL // Monday 6th of Feb 2022 // NSE: DHAMPURSUGDAILY SWING CALL // Monday 6th of Feb 2022 // NSE: NSE:DHAMPURSUG
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 408.2
TARGET: 469+ (15% Around)
STOP LOSS: 367 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
DHAMPUR SUGAR MILL (NO INDICATORS - ONLY PRICE ACTION) 1 - Stock has been forming channel pattern
2- good support @bottom and almost five resistance at top
3 -And low selloff candles which is good sign
4 - one can enter after the breakout (Always observe the candle while entering on breakouts (Is the candle closed strongly or weak))
NOTE : I only use simple price action Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
DHAMPUR SUGARNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Sweet Buzz in the Sugar StocksSomething is buzzing in sugar stocks, given the formation of BULLISH PENNANT in few of the sugar stocks, seems something sweet is in the offering soon.
However hold on your Horses, before jumping to trade it. All the sugar stocks viz. Dhampur, Dalmia & Uttam have formed Bullish Pennant , however we need to wait for a confirmation , before Buying the Sweetner.
Also check:
Dhampur Sugar Flag breakoout !The stock has formed a good pole and flag part with decreasing volume : showing the accumulation happened and gave breakout yesterday with good volume. All this make it a perfect Flag(Pennant) pattern to take advantage of. Entry best possible rate, Stop Loss 228, Target 255.