Can add Uttam sugar above 300 levels for the target of 360 420 and song with an stop loss of 250 rupees
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Uttam Sugar has formed Symmetrical Triangle pattern in Daily and Weekly charts. Expecting an upside of Rs 143 from the breakout point
Chart -> Uttam Sugar Daily A beautiful Symmetrical triangle breakout in Uttam Sugar, with a nice volume bar. CMP: 290 SL: 266 Target: 337, 385 Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Uttam Sugar Mills has multiple rejections at the trendline now it has broken out the trendline with good volume.
POTENTIAL BREAKOUT IN WEEKLY TIME FRAME Buy above 312 Targets 332/340/375 STOPLOSS 265
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
NSE:UTTAMSUGAR Cmp : 268 Target : 305 Stop Loss: 255 Risk Reward Ratio = 1:3 Stock may give target if it managed to Close Above 268. #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page are for the...
Moving average is one of the important used by the investors select stocks. I have covered 70,50 and 30 WMA strategies to identify the position of a particular stock and right time to invest. rsi colored above 50 green and below 50 red and above 70 magenta and below 30 blue
Cup and handle breakout pattern in Uttam Sugar Mills Limited
Sym Triangle BO and C&H pattern Can be good both for Intraday and Swing Pls share your views. I'm still learning
Currentstoploss - 180. Upside of 50% At 300. Exit Once it breaks previous market structure.
Good level to buy with SL 140(CB) target is expected around 350+.
uttam sugar is coming out of consolidation and seems to be ready for an up move with volumes picking up SL 180 trgt 239 308
* After Breakout of a Major resistance level when price pullback that level acts as a support now .
UTTAM SUGAR LOOKING BULLISH & ALL OVER SUGAR SECTOR IS IN BOOM . ALSO UTTAM SUGAR HAVE NEWS HENCE, MONDAY TRADING SESSION UTTAM SUGAR MILLS IN FOCUS.
commodities are in a mega cycle sugar prices are going to increase and sugar stocks are going to fly enjoy the ride. details present on the chart