Dalmiasug - ShortTerm analysisPossible Trades
- Enter at ltp and look for target of 604+
- Technically the stocks looks good
- Will hit the target in 5 to 10 sessions
Thanks
- Stock Explorers
Key stats
Market capitalization
27.24BINR
Dividends yield (FY)
1.19%
Price to earnings Ratio (TTM)
14.90
Basic EPS (TTM)
22.40INR
About DALMIA BHARAT SUGAR AND INDUST
ISIN
INE495A01022
Sector
Process Industries
Industry
Agricultural Commodities/Milling
Website
dalmiasugar.com
CEO
Bharat Bhushan Mehta
Headquarters
New Delhi
Employees
3.6K
Founded
1951
Dalmia Bharat Sugar & Industries Ltd. engages in the manufacture of sugar, generation of power, industrial alcohol, and refractory products. It operates through the following segments: Own Manufactured Sugar, Power, Distillery, and Others. The Own Manufactured Sugar segment includes the manufacture and marketing of sugar. The Power segment includes generation and sale of power and is also used for captive consumption by the company. The Distillery segment includes production and sale of ethanol. The Others segment is composed of magnetite, travel, and electronics activities of the company. The company was founded on November 1, 1951 and is headquartered in New Delhi, India.
Dalmia Sugar- Bullish Chart PatternStock is W shaped Recovery, Flag Pattern & break out, MACD Bullish view, Volume Support.
Sugar Sector positivity and record level production.
Cup and handle pattern in Dalmisug in daily time frameYet 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.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalDALMIA 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
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Note:
Above levels are for education purposes only
Do your own analysis before taking any
Swing trade Buy it for 5% return with trail with 10%, Sl close below current candle, I am not a SEBI analyst, This script only for education purpose
Flag_PatternDalmia Bharat is forming a good consolidation low volume flag pattern with volume activity near the neckline.
A medium-term position can be initiated with a Stop-loss of 330 and a target of 700.
Disclaimer: Educational View
DALMIASUG Long IdeaDalmia sugar can move above 447 , Keep it on your watchlist for Monday
Analysis mentioned over chart.
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue
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