Som Distilleries & Breweries Limited - Long Setup, Move is ON...#SDBL trading above Resistance of 247
Next Resistance is at 380
Support is at 155
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling rec
0.08%
9.95INR
603.023MINR
8.067BINR
31.556M
About SOM DIST & BREW LTD
Sector
CEO
Jagdish Kumar Arora
Headquarters
Bhopal
Website
Employees (FY)
1.615K
Founded
1993
ISIN
INE480C01020
Som Distilleries & Breweries Ltd. operates as a holding company. The firm engages in the production and sale of alcoholic beverages. Its product portfolio includes beer, rum, brandy, vodka, gin and whisky. The company was founded by Jagdish Kumar Arora on March 26, 1993 and is headquartered in Bhopal, India.
SDBL - Box BreakoutOne of the few stocks thats showing strength in this down market as well.
The promoter is a non-stop buyer from the open market and the company has raised growwth capital and is targeting key markets like UP & Maharashtra.
Long above 366.
SL below 340.
There will be a Darvas box breakout above t
SDBL Bullish; above 357.5 on Thursday 28th September SDBL Bullish; above 357.5 on Thursday 28th September
Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
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1) Impulse upmo
SDBL - Ichimoku BreakoutStock Name - Som Distilleries & Breweries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing
Som Dist & Brew Ltd - LongCup and Handle in Progression in Monthly Charts
Entry above 147-150
T1 - 212
T2- 265
Others
Annual Revenue rose 26%, in the last year to Rs 365.5 Crores. Its sector's average revenue growth for the last fiscal year was 17%.
Annual Net Profit rose 74.2% in the last year to Rs 9.8 Crores. Its sect
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