price crossed 50 day EMA and sustaining MACD suggests bullish momentum setting in target and SL marked
TAKEN SUPPORT AT FIB 0.618 with rsi positive divergence on daily charts. Accumulation initiated. BREAKOUT RETEST OF APRIL 2022 HIGHS. PRICE NEAR SMA 200.
UTTAM SUGAR MILLS LTD it is one of the leading sugar company in india. the stock has posted exceptional results in the december 2023 quarter over year on year basis. on the technical side , the stock registered high of 475 in the year 2006, note this , 2006. over all these year it has traded under this range for 17 years. now in this bull run , the stock has...
The stock recently experienced a cup pattern breakout, and this breakout was notable for its good volume accumulation, observed from the bottom of the cup to the breakout range. Additionally, there was a multi-year breakout, marked by significant trading volumes. The combination of a cup pattern breakout with volume accumulation and a multi-year breakout suggests...
BUY - UTTAM SUGAR MILLS CMP - Rs. 420 Target - 1: Rs. 554 Target - 2: Rs. 673 . Timeframe - 2 months - 6 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Charts are the self explanatory. Please go through the charts for getting Target and Stop Loss Points to note: 1. Trade duration - min 60 days 2. Stop Loss - Mandatory 3. Trail SL time to time #SwingTrading #StocksToTrade #trade
There are 3 demand zones as I marked , shares May drop to that point , but time isn’t fix. It may take longer or shorter ..
Retest is done for UTTAMSUGAR Now it started to be within the SC Range 325 is a level to watch and if crosses shall swiftly move up
I daily make educational content videos for swing / positional trading
- Consolidation for nearly 2 years - Shallow Cup and Handle OR multiple bases - Horizontal resistance breakout supported by high volumes Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
round bottom and break out above 200 DMA. looking for closure above 269 for target of 293/303/313 (CMP 263.2). the stock is having low P/e compared to industry peers
Closed about 305 resistance. Symmetrical triangle breakout with good volumes. Looking for 410+ targets in the short term.
The chart looks good as per Technical Analysis, this is a Educational post
Uttam Sugar - Forming Symmetrical Triangle pattern. Trade in the direction of Breakout or breakdown.
BUY UTTAM SUGAR based as per Chart and follow the Risk/reward
It's an educational analysis for cash market on breaout stocks. U can earn a good amount just taking a small stoploss and save your capital. U can watch uttamsugar until it breaks the given price action. After that u can take entry for 20-50% return on your capital just by putting a small stoploss of 2-3%
Intra day breakout needs to be confirmed by closing at 288 or above. The width of the triangle is 143 which makes the target around 429 and the max time to reach this would be around 7th September 2022... company has given stellar Q4 results as well... when trading in sugar stocks for a short term one needs to be vary of Government policies which are a big risk...
Can add Uttam sugar above 300 levels for the target of 360 420 and song with an stop loss of 250 rupees