DHAMPUR SUGAR is showing a Flag & Pole Chart Pattern. Showing a Breakout GREEN CANDLE.
Target 1 : Rs. 240
Target 2 : Rs. 260
STOP LOSS : Rs. 205
Always Remember TWO Points in Share Market.
1. ALWAYS PUT STOP LOSS TO PROTECT YOUR CAPITAL.
2. ALWAYS REMEMBER Point No.1.
If it can close above 226.25 tomorrow, it will be out of bearish shadow of previous high and will exhibit fresh bullishnaess in short and intermediate term
Key Levels for DHAMPURSUG are : If can hold for 5-6 months can ignore first target, FIRST TARGET is for SWING TRADING.
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Upper Breakout~154
First Target~165
Interim Resistance~177<>179
Final Resistance~195
TRENDLINE Breakout~209<>211
**Lower Levels**
Lower Breakout~135
First...
Something is buzzing in sugar stocks, given the formation of BULLISH PENNANT in few of the sugar stocks, seems something sweet is in the offering soon.
However hold on your Horses, before jumping to trade it. All the sugar stocks viz. Dhampur, Dalmia & Uttam have formed Bullish Pennant , however we need to wait for a confirmation, before Buying the...
Dhampur Sugar Mills Ltd. engages in the manufacture and marketing of sugar, chemicals, ethanol, and co-generation of power. It operates through the following segments: Sugar, Chemicals & Distillery and Power. The Sugar segment consists of manufacture and sale of Sugar and its byproducts. The Chemicals & Distillery segment consists of manufacture and sale of RS, SDS, ENA, Ethanol, Ethyl Acetate and IMFL. The Power segment consists of co-generation and sale of power. The company was founded by Lala Ram Narain in 1933 and is headquartered in New Delhi, India.
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DHAMPURSUG
