As the prices of commodities are soaring high due to increasing demand and inflation, Sugar & Ethanol prices will rise as well leading to improved operating profit margins. This sector is capital intensive, only the existing players will be immensely benefitted due to ethanol blending. Price to BV & PE is low compared to its peers. Changes in govt. policies can...
A nice cup with handle pattern is in play. It is best to buy at the bottom of the handle to minimize the drawdown and maximize the reward to risk ratio. The broader view shows, the price is moving in an ascending channel pattern. Currently price is ranging near 600 which is also at 200 days MA & bottom line of ascending channel. Strong bullish divergences observed...
NSE:AVADHSUGAR One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
#AVADHSUGAR NSE:AVADHSUGAR CMP: 544 TP: 684 SL: 494 TF: <6m RR > 2.8 times Return 25% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are...
NSE:DCMSRIND #DCMSRIND NSE:DCMSRIND CMP: 76 TP: 94 SL: 68 TF: <6m RR > 2.2 times Return 11% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
#RANASUG NSE: RANASUG CMP: 24.30 TARGET: 30+ SL: 22 RR: >6 times Return > 26% Timeframe: <9M #RANASUG #MAWANASUG #KCPSUGIND #RAJSREESUG #UTTAMSUGAR #AVADHSUG NSE: RANASUG NSE: MAWANASUG NSE: KCPSUGIND NSE: RAJSHREESUG NSE: UTTAMSUGAR NSE: AVADHSUGAR NSE:DALMIASUG NSE:DWARKESH NSE: RENUKA CAN BREAK ALL-TIME HIGH IN FUTURE Factors: BULLISH WEDGE BREAKOUT Trend...
After a strong uptrend, NSE:AVADHSUGAR formed and flag pole pattern from which it broke out today. Closing is strong and volume looks okay. Enter 30% of position if it opens gap up and then enter the rest after a dip/retrace. Stock has consolidated for quite some time so it won't fly in 1 week. Buy and hold for 1-2 months. Price can again enter into...
Forming a good pattern and retracing at 61.80%. Safe traders enter after the breakout in a day candle. Others can also accumulate from 400 and keep SL below the blue zone.