India, the second largest producer of sugar in the world, is more than self-reliant for its sugar consumption. Countries that imported the highest dollar value worth of sugar from India in 2020 are United States, Indonesia, Italy, Algeria, Bangladesh & Malaysia. Drivers of sugar demand in India- 1. Rising population 2. Growing chocolate demand 3. Rise in...
CMP: 635 New ATH on the cards. Volatility contraction.
hold for target of 50-60 in 6 month . a multiyear bottom formation
POSITIONAL CALL #Dwarkesh:- BUY AT CMP 92/93 FOR 130/180++, AND SL 65 DCB (you can accumulate till 70) @CHARTS_INSIDERS (DURATION 2/5MONTHS)
One more stock from Ethanol space, Praj industries!! Brilliant chart, price action, management, and operation space! could be a potential multibagger.
Strong Product Portfolio, also present in sugar sector to produce ethanol. Value unlocking
Breakout done & Re-entry at 78-82 levels RSI is extremely Bullish and at oversold zone. wait for cool off Relative Strength is Positive and Strong MACD is positive
Rounding bottom and consolidation breakout done in Dwarkesh. Sugar sector on the boom. Target : 100,148 Accumulate in range of 80-84 SL : 78 WCB Only for educational purpose. Not a recommendation.
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
Weekly Breakout AvadhSugar with a target of 550 atleast as Target 1 and then next target may reach to 630
Levels As mentioned on the chart Triangle in Dwarikesh Sugar is in formation, same can be observed on lower time frame in Bank Nifty below Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind
shree renuka sugar is trying to break months of consolidation with resistance and levels marked
Balrampur Chinni Mills as per daily chart analysis its a highly consolidation stock. Once the stock breaks resistance 328 level and sustains above 330 level then the target 350 is achievable. Holding the stock and Happy Trading to All.
Balrampur Chinni Mills today made a good come back to close at 319 level and once 340 level is broken then target 350 level is achievable.
May be Sugar is going to be more sweeter soon... Good Triangular patter formation in process... Any breakout above the upper trendline will result in a protracted move. Risk takers can add 50% positions at CMP rest can wait for the breakout level. Refer the below attached links of some of the successful idea posted by me which can be a learning for you. Do...
Govt is thinking to increase the price of sugar as golbally the price is increasing. This will be positive for Mills and dwarikesh can rebound from 50EMA, this is a weekly or monthly target as RSI momentum is low.
NSE:BAJAJHIND 1st breakout already happened and it has sustained it. No in this month it has tried to break the next level but failed and coming down to check the support level of 17. And if it gets the support from 17 then in next month we can see a good move in this stock. Once can enter from this current level as well another safe entry point will be from...
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...