long 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)
#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...
Long Dhampur sugar. Risk to reward ratio is excellent. All important levels have been marked on the charts. This is for your educational purpose only.
Detailed 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.
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.
#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.
- 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.
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.
running 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.
Dhampur 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
Petrol 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...
DHAMPURSUG CMP: 566 Flag and Pole pattern. On the verge of breakout.
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.
share 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: 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...
TRADE 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
After consolidation the price broke out with great volumes. Price might reach this target
Very 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