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DWARIKESH SUGAR INDUSTRIES LTDDWARIKESH SUGAR INDUSTRIES LTDDWARIKESH SUGAR INDUSTRIES LTD

DWARIKESH SUGAR INDUSTRIES LTD

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DWARKESH trade ideas

YR 2022 Idea #73: Long on DWARKESHThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
NSE:DWARKESHLong
by onerighttrade
DWARIKESH SUGAR INDUSTRIES : Postive trendNSE:DWARKESH shows strong buy indicated by PSAR, MACD & Fisher crossover. Target 1: 170.80 Target 2: 150.80 Stop Loss: 138.40 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NSE:DWARKESHLong
by finogent
#DWARKESH- Long term idea#DWARKESH- Long term idea CMP - 129 Can be looked in the range of 79 to 104 OR Only Above 135 Next Levels can be expected 170 & 380 View will be negated below 61 Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell We will be not responsible for your profit and Loss Please like and retweet if you like this idea.
NSE:DWARKESHLong
by PowerOfChartist
Target 1 achieved in DWARKESH. Gain of 43% Target 2 is ON...This is follow-up on Dwarikesh Sugar. Can check link to related ideas. Target 1 achieved. Gain of more than 43%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:DWARKESHLong
by MandeepSinghKohli
13
Great potential of DWARIKESH to become leader in ETHANOL sector-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 confectionery sales 4. Robust soft drinks consumption 5. Government initiatives Overview of ethanol sector and government initiatives- Ethanol is a major by-product for integrated sugar mills which finds downstream applications among oil marketing companies, who blend ethanol with fuel. The average ethanol blending rate in India was estimated at ~7.43% in the last five months of ESY 2020-21 against 4.5% in 2019-20. India could need about 1,000 crore litre of ethanol for doping in petrol by 2030 with a view to reduce dependence on imports for meeting oil needs. The Government plans to double ethanol production and enhance the blending of ethanol and petrol to moderate oil imports. The country intends to increase ethanol production capacity from 4.26 billion litres to 6.60 billion litres from sugarcane and 5.4 billion litres from grain by 2025 to address the expected demand of 12 billion litres. The government approved a scheme allocating 460 crore to increase ethanol distillation capacity. Sugar industry overview- Uttar Pradesh is the largest sugarcane producer in the country, accounting for ~51% of the total cultivated area, ~50% of the crop and 35% of sugar production. About one-fifth of India’s sugarcane mill in the state. Sugar mills in Uttar Pradesh are estimated to have diverted 6.74 lakh tones sugar through B-heavy molasses and sugarcane juice for ethanol production this season against 3.70 lakh tones in 2019-20. Uttar Pradesh, with an annual ethanol production capacity of 1.4 billion litres, emerged as India’s largest ethanol producer. FUNDAMENTAL ANALYSIS – Dwarikesh Sugar Industries LTD is a company, which is primarily engaged in manufacture of sugar and allied products. The Company is also involved in the production of power and ethanol/industrial alcohol. KEY POINTS – 1. Good quarterly results 2. Constant Increase in revenues and profits y-o-y. 3. Increase in foreign intuitions stake 4. Company is spending lot of capital in technologies and machineries for scaling production of Sugar and ethanol. 5. Good dividend yield 6. Company is growing and planning to align their strategy with government policies. 7. no any red flags in company’s financials and fundamentals . TECHNICAL ANALYSIS- Stock just break the supply zone on weekly chart and as we can see on daily chart We can see some kind of retracement and pullback from supply zone which turns out to be demand Zone from now onwards. On weekly chart we can see a kind of bullish dragon fly candle which indicates stock has massive Upward potential. Overall conclusion is we can bet on this stock on green environment theme for long term horizon. It will be a good buy if we can accumulate this stock now or near demand zone ( which is around 85 To 75) as long term investment. You can search the fundamentals and financials of company on tickertape platform. This study is for education purpose only .
NSE:DWARKESHLong
by ameyagawade9
Dwarikesh Sugar | Targets +22% to 44% ?Dwarikesh Sugar: Will it continue its momentum and give another +22% gain? Post its breakout, the stock has consolidated well below Rs 100 range. This consolidation has been supported by excellent volumes too. The past two week price action is indicative of likely strong up moves in the coming weeks ahead. My expectation is that 119.80 should be most likely crossed in the coming 3-4 weeks. There's a fair possibility that even 141.75 may well be achieved within the next 5-6weeks. Stocks in Stage 2 have a tendency to continue their momentum moves. Let's see how this stock behaves ahead in the coming weeks. Here's the Trade Plan CMP = 98.05 Entry : At 96.60 to 98.80 range Add on Dips: At 92 (Low Risk Entry) Initial Stop Loss (ISL): @ 90.80 Wide SL 84.80 Potential Targets: 119.80 (+22%) 141.75 (+44%) Note: Breakout closing above Rs 100 needs to be supported with high volumes. Trade Setup gets invalidated once stock starts to trade below 84.80 What have you learned from these studies and updates? Can you see the continuation of the Momentum pattern? How will you apply and gain from it? Thank you for checking out my content. If you like it and gain from it; FOLLOW for more !!! LIKE & SHARE if you found the idea useful !!!! COMMENT below with your questions, views and suggestions !!!
NSE:DWARKESHLong
by amar_gr
2