dwarikesh sugar add to watch list wait for trend line breakout
price in demand zone, if it get up from zone probably it will break the trend line too
go for buy side only if price sustain above trendline
NSE:DWARKESH is forming Symmetrical triangle, whose breakout can be seen anytime soon. Long position can be taken after the upside breakout.
Note - Must enter after breakout
NSE:DWARKESH
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
According to EWT:
5th wave has already traveled for more than 2.618% reverse Fibonacci retracement of wave 4. Now, bullish momentum can push it up to 136 at 3.618% .
- Good growth signs for short/long term
- Good quarter results
OPM - 22%, FIIs increase 3.6%, 5Yrs ROE - 22%
- Short 1-3 months #swingtrade
- I will act per the given accumulate and trgt zones, for 50-60% profits
NSE:DWARKESH shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 1: 170.80
Target 2: 150.80
Stop Loss: 138.40
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the...
rising wedge pattern short or bearish
timeframe 30 min
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I am not a sebi registered analyst. This channel is for only EDUCATIONAL PURPOSE. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
#DWARKESH- Long term idea
CMP - 129
Can be looked in the range of 79 to 104
OR
Only Above 135
Next Levels can be expected 170 & 380
View will be negated below 61
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial...
Dwarikesh Sugar Industries Ltd is primarily engaged in the manufacturing of sugar and allied products. It has a strong presence in fields such as sugar manufacturing, power, and ethanol/ industrial alcohol production.
The sugar industry is one of the most booming sectors now, and Dwarikesh has technically created a Darvas box with a volume it created a new 52...
share name : dwarikesh sugar
reason of buy :
- Share is consolidation on their resistance area
of 2017 price is 80 which is a good sign
- Now, It is forming a pennant and we can see a
clear breakout on charts
- In upcoming days we can see targets of 120
with stop loss 60
Thanks
This is follow-up on Dwarikesh Sugar. Can check link to related ideas.
Target 1 achieved. Gain of more than 43%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
multi-year breakout. cup & handle formation... all sugar sectors will give another 20-40% rally. so this stock will give 120 - 168 for a mid-term period of 6-10 months.
![DWARKESH: DWARKESH [ bearish flag ] short](https://s3.tradingview.com/i/IhY6EUjL_mid.png "DWARKESH [ bearish flag ] short")
