ANDHRA SUGAR - 3 TO 6 MONTHS GAMESUGARS are in Flavour !!!
Even thought this company is basically in Chemical Business !!
Volumes are highest in 2-3 years..
Seems Ripe for 600-700 Rs targets !!
ANDHRSUGAR trade ideas
Andhra Sugar Cmp 498 dated 25.6.2021Andhra Sugar Cmp 498 dated 25.6.2021
2 Strong patterns on daily & weekly charts.
1. Beautiful 4 years rounding bottom breakout
above 500.
2. Flag pattern already gave break out @450.
3. High Volumes.
Buy for a tgt of 620-840 SL 415
It is just a view, pls trade at your own risk.
Andhra sugars may cross 530 aboveInverted Head and shoulder pattern with uptrend indicates that it may cross 530 above from the current price.
PS : This is only for educative purpose
ANDHRA SUGARwhat a upmove 47% in 5-6 days tho i see more potential in this stock and can move higher from this point tho there will be a minor consolidation anytime soon
Breakout in Andhra Sugars...Chart is self explanatory. Entry, Targets and 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.
Be cautious in this buy trade as the move is xtended We got an entry on trend line break out at 360 now it is above 580 so be cautious and keep trailing stop loss
Andhra sugar Stock gives weekly breakout , nd breakout also of flag and pole go long target are marked in right
consolidation breakout• On the daily chart, the stock has
witnessed “Consolidation Range”
breakout around 470 levels which
signals resumption of the uptrend
• Huge volumes on the breakout , signals
increased participation near breakout
zone
• The stock is strong uptrend as it is
continue to form a series of higher Tops
and higher Bottom formation across all
the time frames
• This buying momentum was observed
from 20-day SMA(438) which reconfirm
our bullish thesis
• The daily and weekly strength indicator
RSI is placed above 50 mark which
supports rising strength. The above
analysis indicate an upside of 550
levels.
*Holding period is 1 months .
Andhra Sugar - LongTarget - 500
Stop loss - 3% of your investment
Note - This is not a recommendation. Kindly trade at your own risk.
Andhra Sugars – Retest of Monthly level Breakout 386.55 on DailyEntry – CMP
Target 1 – 629.35
Target 2 – 908.5
Stop Loss - 344
Duration – 2-3 year
All numbers are weekly based
On Daily Chart Stock is now retesting its breakout level. If Stock sustains breakout level of 386 then it’s expected achieve higher levels.
Slight Volume build-up also seen from last 2 months. This need to improve going forward to achieve higher targets.
Co is engaged in the manufacture and sale of sugar and caustic soda. Power Generation, Industrial Chemicals etc
Dividend Yield: 4.7%
Promotor holds 47.3% - Average
126 debt company (Debt continuously reducing and pending Debt can easily be paid back with 9-10 months profit)
Profit continuously growing with good cash flow statement
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Andhra Sugar - Weekly Breakout. Looking good on WoW Basis#ANDHRSUGAR
Perfect candidate to ride the Soft Commodity and Sugar Rally and hence my conviction here. Numbers listed are weekly considerations
Entered at - 442
Stop Loss - 415
Target 1 – 486 ( Next coming days )
Target 2 – 592 ( 4 to 5 months )
Target 3 - 672 ( 8 to 10 months )
Some of you might not agree with the gap between SL and entry price but I am okay to let this play with my risk appetite for next coming days and next 4 to 5 months
On Daily chart is it now retesting its breakout level. If stock sustains levels of 415 on weekly closing, then its expected to move into predicted trajectory as reflected above
Volume spurt has also been noticed on WoW basis for last 4 weeks. Good sign of buyer interest in order to move towards predicted trajectory
Disclaimer -
- The view expressed here are my personal views. I am publishing this for my own records and what I see on charts.
- If you're referring to this, please consider this ONLY FOR educational & research purposes.
- Past performance is not a guarantee for future predictions
- Any decision you take, you need to take responsibility for the same. DO NOT consider this as an investment suggestion.
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial advisor before investing.
TIA!
Andhra Sugar multiyear breakoutSugar sector is on a roll and Andhra Sugar will greatly benefit on it. It has given a multi year breakout with a target of 700 and a stop loss of 280.
A simple chart analysis no extended study required.
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
Andhra Sugar Bullish BiasBuy at Breakout for positional
Target 1: 390s
Target 2: 440s
Target 3: 510s
SL 260s levels
Investment (Andhra Sugar)Stock is in very good consolidation. Waiting for a proper breakout with increase in volumes to reach the mentioned targets.
AndhraSugar- watch for breakoutSee the chart for support and hope its can break this time with huge volumes
Andhra Sugars - Ascending triangle Breakout with Volumes - Good Fundamentals (Increasing Top and Bottom line figures)
- Breakout from an Ascending Triangle pattern with volume expansion
- Stock has volatility and thus a retest after the breakout is expected
- Good entry level at 367 with a stoploss of 316
- A consolidation near the breakout zone is expected
- High volume noticed in many other sugar stocks
ANDHRASUGAR - Buy IdeaAndhrasugar has broken a long term trendline in the Weekly chart. Its good to accumulate the stock and sell it near All time high levels.
