DHAMPUR SUGAR MILL NSE:​DHAMPURSUG

BUY ON dips till 115 . Tgt 150+

test

CABINET MEETING TO ALLOW EXPORT RELIEF TO SUGAR INDUSTRIES

.... Levels mentioned in chart

at 92+ SL 86 Tgt 100

Buy abv 90 SL 83 Tgt 97-100

Accentuated buying in sugar stocks resulting from hopes of goverment action to increase sugar prices at the time of decreased production. Hence reduced supply and heightened demand. target-113 stop loss- 93

Accentuated buying in sugar stocks resulting from hopes of goverment action to increase sugar prices at the time of decreased production. Hence reduced supply and heightened demand. target-99.5 stop loss- 74

Short Below 90 if you get a 15 min close, with stops at 93 for potential of 83 region

A stock that is hitting new lows while the rest of the market moved up is a sign of clear weekness. Sell with a stop at recent high of around 150

The global sugar chart is forming look like bottoming out and here on sugar charts new lows are NOT being made with nifty...there seems to be a sectoral outperformance so far in last few days. Can keep a look on dhampur if crosses recent pivot near 170, and go long with stops are recent lows.

Dhampur : Last major support if this is given up, the entire upmove will get decimated. Can try to buy if stock starts to bounce with strict stops below the support

IH&S abv 198 with a tgt of near 225...stops can be 180.

Can buy with stops at recent lows...

All plotted & Mentioned on Chart. Risk Reward Ratio: 0.55 (In respect of TGT #1) Trade as per Specified level. Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

Planning to short the stock after evening star bearish reversal (Day chart) %William also showing downtrend from overbought situation.. Sell at trigger line - 223 with aim to book profit (buy) at 211 or below if there appears to be more downtrend SL in the chart Trade at your own risk :)

The stock has formed a good pole and flag part with decreasing volume : showing the accumulation happened and gave breakout yesterday with good volume. All this make it a perfect Flag(Pennant) pattern to take advantage of. Entry best possible rate, Stop Loss 228, Target 255.