NSE:KMSUGAR is looking on the verge of a breakout. A stop loss at Rs.42 would do well in this case. This is a pure technical chart structure sort of a pick and hence, following the stop loss is very crucial. For investors/traders already holding, keep a stop loss at 36-37.
Km sugar down at its support and ready to go back up. expect a 15% upside
Stock has given strong BO on daily chart with good volume, safe entry level marked, follow chart for proper support and resistance levels.
looks good on daily time frame , 31 is key level to watch . expect good upmove from there . positional view.
NSE:KMSUGAR K.M. Sugar Mills Ltd. Is engaged in the manufacturing of sugar. It manufactures white crystal sugar, which is used for human consumption and in the industries, such as food, beverage and soft drinks. TTM EPS: 4.43 TTM PE: 9.44 Sector PE: 20.61 Book Value Per Share: 23.20 P/B: 1.81 Face Value: 2 Mkt Cap (Rs. Cr.): 384 Some Positives: ...
good risk-reward ratio trade targets are given in the chart it is a really bullish pattern The last time I analyzed ELECTCAST stock which has the same pattern & gives around 29% you can check out 12 Jan 2022.
Medium Term Pick, Technically looking very good after Multi Year Breakout. You can accumulate now or wait for breakout. Keep an eye
Sl compulsory volume support the price and in weekly time frame shows breakout of 25ema. Duration: 4 weeks
Prime Minister Narendra Modi on Saturday said the target of 20% ethanol blended petrol has been preponed by five years to 2025 and the government has identified 11 sectors that can leverage resources by recycling them through modern technology. This has lead to the increase in the price of Sugar stocks , PE ratio of the componat is 10.10 as compared to the sector...
Prime Minister Narendra Modi on Saturday said the target of 20% ethanol blended petrol has been preponed by five years to 2025 and the government has identified 11 sectors that can leverage resources by recycling them through modern technology. This has lead to the increase in the price of Sugar stocks , PE ratio of the componat is 10.10 as compared to the...
KMSUGAR have given weekly breakout You can enter at 15rs around or retest of the breakout line and your SL is 14 closing basis All the information is education purpose only Do your own research also
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Sugar Stocks About To Blast Buy KM Sugar At Cmp 13.95 Strict SL - 9 (WCB) Target - 19/23++
Hidden gem.. Monthly ADX,MACD,CCI and RSI positive helps to move further levels on upcoming days/Weeks. Apart from technical, last 2 quarterly results also improved. It can zoom at any time. Safe trade: Buy above 13.1 CMP:11.9 Vijayaraghavan.K, Kovilpatti
KM Sugar is in reversal trend, target for oct-nov month range. Add your qts in every dips and target 11+ rs in short term investment.
KMSUGAR have created rallies previously in the direction of closing side of 50DSMA, confirming it as a strong S&R line. If it sustains above upper line of channel i.e. near 24.5 - 25, one can enter long with sl at 23 and trail with sl. 13DEMA crossover with price action from above will be a sign of bearishness and a good exit point only if this creates a rally...