Dhampur Sugar breakout of Descending TriangleDhampur Sugar breakout of Descending Triangle with incresed volume and rising OBV
Price Target-- 324.00
Stoploss-- 204.00
Dhampursugar
bullish as trendline +support breakoutlong term horizontal support zone with double bottom
trendline break on chart
after trendline break accumulation start by a pattern of bull flag with volatile contraction
may be an entry point by 25% then pyramiding upto top resistance zone or more (decide at that time)
Dhampur Sugar - Breakout#Dhampursugar
CMP - 317.60
Dhampur Sugar Mills is one of the leading integrated sugarcane factories in India. Improving fundamentals with increasing revenue and net profit for past quarters. Stock is now at its 52 week high. FIIs are increasing their holdings. Now stock broken it's 1 year and 6 months long resistance trend lines. Waiting for a retest. If it breaks, then 400 mark is approachable.
Dhampur sugar to take long entryLong Dhampur sugar. Risk to reward ratio is excellent. All important levels have been marked on the charts. This is for your educational purpose only.
DHAMPURSUG - Breakout After 450+ DaysDetailed View about this Breakout:
No.of Resistance: 5
No.of Support: 4
Consolidation Days: 450+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
Breakout in yet another sugar stock!Dhampur sugar has given a breakout from strong supply zone of 280-290.
A closing above 300 today will take this stock to levels of 350, 380 and ATH++.
However, this breakout might be news based and could fail as well. Commodity stocks have added risk of being extremely volatile.
Have strict SL in these kind of stocks and book quick profits.
Dhampur Sugar#DhampurSugar showing good strength bt still in a zone. Can be taken if comes out of this zone means abv 295 closing. Sugar sector is good for festive season and govt thrust for blending in fuel. Please do your own study before investment.
Dhampur Sugar- Broke out of the year-long accumulation and is now moving up
- Forming a range on LTF
- Should move higher over the next few months
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Base complete in Dhampur?1. Chart -> Dhampur Sugar Daily
Breakout with volume!
CMP: 292
Good Range To Buy: 280 to 295
Targets: 320, 360, 390
SL: 266 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Dhampur Sugar Mills Hourly buy setuprunning flat is forming in this particular stock and looks complete also making an smaller running flat at 15 min for entry purpose, view is it can break the mentioned top, after that it might reverse or continue upward depends on how it behaves, so keep your stop below that mentioned 15 minute move. take profits when it breaches the top.
Long Positional Trade IDEADhampur sugar mills is in strong uptrend and available in discount price near to the multiple(touch point) resistance line of 226 with spike in volumes . Breakout targets 244,269
The Sweet ETHANOL StoryPetrol Price above 121 today. :( Making Ethanol Blending a must ,as per govt strategy
These top 15 Sugar mills producing Ethanol are rocketing high. Pick your longterm Winners
Interestingly Support/ Resistance in most are very EQUIDISTANT.( see arrows in charts)
(Monthly Charts)
Avadh Sugar-->
Balrampur Chini -->
Dalmia Bharat -->
Dhampur Sugar-->
Dharani Sugar-->
Dwarikesh Sugar-->
EID Parry-->
KM Sugar -->
Kothari Sugar -->
Magadh Sugar -->
Uttam Sugar -->
Mawana Sugar -->
Rajshree Sugar -->
Rana Sugar -->
Shree Renuka Sugar -->
Triveni Engg -->
Dhampur Sugar- Upflag BreakoutDhampur 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.
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 FOR ATHTRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
DHAMPURSUG looks very goodAfter consolidation the price broke out with great volumes. Price might reach this target
Dhampur Sugar - More sweeter from nowVery Strong Closing Done Today
Volumes are 10 times more than average volumes.
Clean Break Out given according to charts.
Previous Resistance Zone broken today after multiple attempts.
Short Term Targets : 400
NSE:DHAMPURSUG
Best Suger stock DhampursugerOne of my favorite stock and good time to invest again 305 is the best time to entry and target will be 410.
This is education purpose only.
Cheers,
Happy Trading.
Double Bottom Formation - Monthly ChartDhampur Sugar is putting up a double bottom formation on the monthly chart.. Currently the price is at around the neckline. The PA on the lower timeframe can be observed for decisions around Trade Initiation.
