Should do good above 375-380, it is making higher lows along with horizontal line BO, fundamentally company is good.
The Stock is trading above important moving average, and it has given a BO after 4 months of consolidation along with possible cup and handle break out. Also the IT index is in the up-trend giving a positive signal for the stock.
Axis bank has given a breakout, and it can retest 540 levels
This is for learning purpose, just observing charts and marking some highs and lows, confirming DOW theory
Trying to find strong support and resistance levels of Dalmia Sugar. If it goes below 52-50 we might see a more downtrend by if it crosses the support (intermediate) of 90-95 levels then it can go up. Learning the support and resistance so thought to try it out on a cyclical stock