Dalmia Sugar - Consolidation for a year
- Possible accumulation schematic in formation
- Retesting previous resistance
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
DALMIASUG trade ideas
Dalmia Bharat Sugar : VCP BreakoutDalmia Bharat Sugar :
VCP Breakout Done
Currently at resistance
Sustaining 400 might lead to a quick upmove
Cup and Handle pattern BO - Cup & Handle Pattern BO
- Validated with volume
- Above Key EMAs
- Bullish RSI
Dalmia sugar-uptrend continues.. Dalmia sugar continue in uptrend since mar, 23 forming double bottom and today gave very good breakout with huge volume.. Today forming flag pattern on hourly chart......
Buy above 395
Sl 385
Tgt 399-420-440 ( short term to medium term)
Dalmiasug - ShortTerm analysisPossible Trades
- Enter at ltp and look for target of 604+
- Technically the stocks looks good
- Will hit the target in 5 to 10 sessions
Thanks
- Stock Explorers
Dalmia Sugar- Bullish Chart PatternStock is W shaped Recovery, Flag Pattern & break out, MACD Bullish view, Volume Support.
Sugar Sector positivity and record level production.
Cup and handle pattern in Dalmisug in daily time frameYet to break its all time high 545. If it break 545-550range with volume we can see a bull run. Fundamentally company looks good. Watch out for that important level break. Pattern Target 750. Keep this stock in your watchlist and Do your own analysis before investment.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalDALMIA BHARAT SUGAR
Stock trading in a range from past 9months after ATH levels.
Recent Volumes are also favorable for stock to buy
If sustain above 490-500 levels then will go easily ATH levels of 520
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Swing trade Buy it for 5% return with trail with 10%, Sl close below current candle, I am not a SEBI analyst, This script only for education purpose
Flag_PatternDalmia Bharat is forming a good consolidation low volume flag pattern with volume activity near the neckline.
A medium-term position can be initiated with a Stop-loss of 330 and a target of 700.
Disclaimer: Educational View
DALMIASUG Long IdeaDalmia sugar can move above 447 , Keep it on your watchlist for Monday
Analysis mentioned over chart.
BUYING OPPORTUNITY Company has reduced debt.
Company has delivered good profit growth of 40.45% CAGR over last 5 years
TRY TO BOOK YOUR PROFITS QUICKLY
DALMIA BHARAT SUGAR.... POSITIONAL TRADEThe script had broken out of a triangle and had given a retracement.
Short-term targets are 500, 520, and 550.
dalmia bharat in focoushello traders ,
dalmia bharat in focous
cmp - 480
after 500 then we can see target of 512,526,540++
but buy only after 500
medium term trade
DALMAISUG avoidDALMAISUG avoid
Stock is consolidating around 450-490 levels since last 1 month.
chart is showing clear up trend but at this level RIS is not supporting the prices
do not buy
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
DALMIASUG: Bullish BreakOut PatternThe stock has been following the ascending trend of higher highs and higher lows for a few weeks now.
There is a pattern emerging by looking at the chart, which I have divided in 3 phases.
Each phase is preceded by high volume, followed by consolidation. As soon as the price has touched the trendline, we have observed a spurt in volume and price.
If the history repeats, as we are standing in the current situation, we can very soon expect a breakout to levels of 565.
The stop loss can be maintained at 430, which was the resistance level before the previous breakout.
Supporting technicals:
RSI: 56.7 (ModeratelyBullish but not overbought)
ADX: 30 (Suggesting strong trend)
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
SWING TRADERS - Opportunity KnocksIt's been a sweet ride for Sugar Stocks. Hope some of you took advantage of the rally.
Here is another opportunity for capturing a short and Sweet trade. Long term also looks good - ( Over the last 5 years, market share increased from 2.23% to 3.96%)
I have taken entry for a short term trade at 464
Chart Study - Not a call
