DHAMPURSUG | Channel breakout - Potential for 35-40% CMP : 278 (Dip : 270) SL : 250 Target : 370 1:3+ risk reward setup
WTF IN UT, gave a fakeout then RBP Base Ema are in order 21>50>200 Volume contraction last few 3 Bars Price absolute consolidate near RT RS line hitting 52WH Opening price 8.55% away from 50ema Enter @ EOD or 275-279 SL @ 246 Closing Bases TP 1 @ 22% TP 2 @ 39%
Dhampur Sugar Mill is attempting Breakout from Triangle pattern on 1D timeframe on higher volume. Wait for closing of candle. Enter after bullish confirmation.
Dhampur sugar looking very good on chart. Can go upto 350 in 3 months .
running flat is forming in this particular stock and looks complete also making an smaller running flat at 15 min for entry purpose, view is it can break the mentioned top, after that it might reverse or continue upward depends on how it behaves, so keep your stop below that mentioned 15 minute move. take profits when it breaches the top.
Rectangle consolidation Buy above a weekly closing of 250 for targets 275-285-305 SL would be a closing below 240
Buy Dhampur sugar looking good for short term investment Bhy@225-35 SL @200 TGT 280 TGT -380 for long term investment
You may buy this stock for positional trading However can hold for multi x return in 2 Years
r: R is 1: 2 Inverted HNS under formation Rest as per Charts Note - One of the best forms of Price Action is not trying to predict. Instead of that, ACT on the price. So, this chart tells "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use...
Wait For Breakout .......................................................................................
The stock is testing it's strong resistance zone and making an ascending triangle pattern. Buy above 248.5 level (on day closing basis) for first positional target of 283. Idea is positional and only carry position on day closing basis. Learn & earn, Dr . Tanya Kumar
NSE:DHAMPURSUG trading at strong support . Good at adding now for easy 20 - 60 % returns .
Dhampur sugar mills is in strong uptrend and available in discount price near to the multiple(touch point) resistance line of 226 with spike in volumes . Breakout targets 244,269
Dhampur sugar gave a pole and pennant breakout. Overall, the sugar sector is looking good, global sugar prices close to a breakout.
NSE:DHAMPURSUG trading at strong support . Good at adding now for easy 10 - 20 % returns .
DON'T HAVE TIME TO MANAGE YOUR TRADES? | - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA - SL can also be maintained as 1% or closing below the low of breakout candle Levels mentioned on the chart are...
Petrol Price above 121 today. :( Making Ethanol Blending a must ,as per govt strategy These top 15 Sugar mills producing Ethanol are rocketing high. Pick your longterm Winners Interestingly Support/ Resistance in most are very EQUIDISTANT.( see arrows in charts) (Monthly Charts) Avadh Sugar--> Balrampur Chini --> Dalmia Bharat --> Dhampur...
levels are given in chart.for educationla purposes only.