DHAMPUR SUGAR MILL NSE:​DHAMPURSUG

Support is at 165, Resistance at 260

A cup and handle pattern will be complete on close abv 179.30 But with tgt of 218/270 and stops at 160

Stops at 160..tgt 180 /190

...Levels mentioned in chart

Stops at 160 Tgt 200-220

Buy with stops at 160 ...tgt 200+

As per charts.

If Dhampur remains above 168.5 on closing basis and remains bullish the next target will be 265 where it will meet 1/2 resistance angle.

A STRONG REVERSAL PATTERN

With current volumes and moving average cross overs, it seems likely that this stock in short term is about to touch 215-216 levels. A short term resistance at 170-172 levels need to overcome though.

Dhampur sugar - CnH SL-137, Can test 210+.

Supply & demand zone study based on monthly chart

STOP AT 137..TGT 172 ABV 153

watch

If closes above 137.70, intermediate can be 200

test

CABINET MEETING TO ALLOW EXPORT RELIEF TO SUGAR INDUSTRIES

BUY ON dips till 115 . Tgt 150+