Andhra Sugars Ltd- short term risky tradeRisk taker can buy at current level.
Safe trader can buy half now and half price closing above 107.
SL of 90 on closing basis.
Target 130, 140, 150.
*Note-Only for educational purposes.
ANDHRSUGAR trade ideas
ANDHRA SUGARS By KRS ChartsDate: 22nd Aug 2024
Time: 9:30 AM
Why Andhra Sugars ❓❓
1. In Bigger TF, it is making Higher Highs and Higher Lows so All over Bullish Stock from Sugar Sector .
2. Recent Lows in April 24 and Jun 24 was inside 0.5 to 0.618 Fibonacci zone which is known for reversal zone and successfully sustain above those lows. 👍
3. On 10th Jun its Gap Up and Breaks the trendline with successful retest with today's move 🎇
Near possible Target is ATH price point 177 RS.
with SL of 94 Rs.
Andhra Sugars Ltd: Flag PatternAndhra Sugars Ltd: Flag Pattern
41% upside potential
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
ANDHRA SUGAR: pole & flag patternAndhra Sugar is in a strong upside pattern and expecting target marked as per fibo levels and pole length. Enter with a long term perspective and hold for a better results. 🐂
NOTE: I'm not a SEBI REG. Study before investing.
Andhra Sugar Long term trend line broken
Very High weekly volumes
RSI Cross Over
Weekly RSI > 60
Target : 154
SL : 110
Value unlock minimum profit 20℅Fundamental And technical good
CMP : 119
Target 1 : 145
Target 2 : 168
Multiple moving average strategyHere I have created the strategy where ! can see 3 moving average at once and also the cross over of 4dma 50dma and 200dma if a stock crosses 200dma than the cross over can be defined as bullish or bearish and is trend setter for long time depending on which side the crossover is happening it works for stocks to be kept for long duration for investors mostly.
ANDHRSUGAR near major support with positive RSI divergence ANDHRSUGAR near major support with positive RSI divergence, we can buy at current price with strict SL @ 107 on daily time frame closing basis. TGT1 : 121, TGT2 : 126
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
#ANDHRSUGARStock is gearing up for breakout after long consolidation.. horizontal and slanting trendline.. CMP 145.. SL 138.. Target 175/200
crucial support levelskey support levels to watched for tomorrow. this stock should hold the support otherwise there could be more downside in it'
Andhra Sugar - BreakoutAnother stock which has consolidated while both the industries it is part of (Sugar + Caustic Soda) currently have a lot of tailwinds.
The stock could follow something like a Sujarat Alkalies and move a lot higher.
The stock as consolidated for over 2.5 months at these heightened levels hopefully forming a new base for its next move.
Long at current price with a stoploss below 162.50.
ANDHSUGAR - Inverted H & SNSE:ANDHRSUGAR
ANDHSUGAR - Inverted H & S
View : Bullish for long term
Long above Neckline of 125 as support
Pattern = Inverted Head and Shoulder indicates Reversal
Breakout = Multiyear breakout - Strong Breakout after 1428 days or 204 weeks
Retest 125 level and touched another support at 113.
All time high breakout expected in near time 145.30
CMP 135.45 Target 145 - 170 - 200 - 225 in 5 Year
ANDHRA SUGER LOOKS GOODbuy above 162 sl 150 target 175 + , chart showing strength and ready for breakout
ANDHRA SUGAR READY FOR NEW JOURNEYLevels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Andhra SugarIt's given breakout and retested the breakout level. Possibility to follow the top channel target.
Andhra SugarAndhra Sugar
Note: Triangle, Daily macd incr,
TF: 24jan
SL: 128 closing (previous swing low)
#ANDHRSUGAR#ANDHRSUGAR
CMP - 153.90
Can be traded in the range of 126 to 144
Above 170
Next Levels can be expected 254,504
(To be invested for 5-10 years)
View will be negated below 95.80
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
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ANDHRSUGARCMP: 156
Inverse head and shoulder pattern breakout.
Also, All Time High breakout with huge volume.
Andhra sugarAndhra sugar. Good consolidation BO with volume & long rounding bottom bo also. CMP:154 sl:120(cb) target:190/220/260
Note: educational post
Andhrasugar LongAndhrasugar Long
RSI-71
Buy at CMP- 688
SL- 637
Target- 742, 785, 810
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
