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.
DHAMPURSUG :- make or break on up side move is 550 and down side move is 520.
if the price close the up 550 so you can plan to long trade &
if the price close the down 520 so you can plan to short trade.
with 20 point SL and target is 80 to 100 point with in just 1 month or 2-3 week.
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
Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade
Stock has given breakout from its resistance. And also retesting it. Buy above 400, SL 350, TGT 450++. For educational purpose only. Kindly contact your financial advisor before entering any trade.
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...
sugar stocks are in a uptrend move
this small cap sugar stock has given a breakout after
8months (260 days)
risk reward looks favorable
and since the market is down still this sugar sector is moving up
this is not a recommendation please do your own analysis and riskmanagement before entering this stock
target 520
sl 385
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
1 - Stock has been forming channel pattern
2- good support @bottom and almost five resistance at top
3 -And low selloff candles which is good sign
4 - one can enter after the breakout (Always observe the candle while entering on breakouts (Is the candle closed strongly or weak))
NOTE : I only use simple price action Strategy that always give superior...
