Dhampur Sugar breakout of Descending TriangleDhampur Sugar breakout of Descending Triangle with incresed volume and rising OBV
Price Target-- 324.00
Stoploss-- 204.00
DHAMPURSUG trade ideas
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.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Value InvestingRule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : On result day trail your SL at 15Min Time Frame
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)
QUICK MOMENTUM EXPECTED IN DHAMPURSUGDHAMPURSUG can gain momentum from this institutional buying zone.
If you make a buying position, do follow risk management & maintain appropriate position sizing.
Disclaimer: This is an educational post & not a recommendation.
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
BULLISH VIEW ON DHAMPURSUGDHAMPURSUG can gain momentum from this institutional zone.
If you make a buying position, do follow risk management & maintain appropriate position sizing.
*Never buy at the breakout level. Instead, always buy at a discounted price.*
Disclaimer: This is an educational post & not a recommendation.
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.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in DHAMPURSUG
BUY TODAY SELL TOMORROW for 5%
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.
BREAKOUT, DHAMPUR SUGAR, 65% RETURNS!!!BUY - DHAMPUR SUGAR MILL
CMP - Rs. 281
Target - 1: Rs. 376
Target - 2: Rs. 463
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Timeframe - 2 months - 6 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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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.
DHAMPUR SUGAR TARGET 351DHAMPUR SUGAR monthly double bottom and weekly raising wedge breakout with bullish. It will reach the target 351. Stop loss 266
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.
Bullish on Dhampur sugar mill Buy above 270
SL 249
Target 375
Disclaimer - This is not a buy and sell tip,it's only for educational purpose analysis.we are not responsible for your profit and loss.
DHAMPURSUG | Channel breakout - Potential for 35-40%DHAMPURSUG | Channel breakout - Potential for 35-40%
CMP : 278 (Dip : 270)
SL : 250
Target : 370
1:3+ risk reward setup
#DHAMPURSUG - Long BO in WTF with Volume SpikeWTF IN UT, gave a fakeout then RBP Base
Ema are in order 21>50>200
Volume contraction last few 3 Bars
Price absolute consolidate near RT
RS line hitting 52WH
Opening price 8.55% away from 50ema
Enter @ EOD or 275-279
SL @ 246 Closing Bases
TP 1 @ 22%
TP 2 @ 39%
DHAMPURSUG attempting BreakoutDhampur Sugar Mill is attempting Breakout from Triangle pattern on 1D timeframe on higher volume. Wait for closing of candle. Enter after bullish confirmation.
