DHAMPURSUG trade ideas
Can $NSE:DHAMPURSUG will Take Support ?Dear Followers,
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:DHAMPURSUG you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- NSE:DHAMPURSUG
Support Level- 225-230
Entry Point- 225-230
Stop Loss Point- 200
Target Point- 260,275,300
Time Frame – 90-120 Days
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
Best regards,
Dhampur Sugar mills Dhampur Sugar mills after a long breakout aka range breakout gave a good rally now again at resistance but on a daily volume popout can be seen
Buy above 276
Sl below the pink box
Tgt open
Good for investment view
Good to avg fundamentals
Ask your financial advisor before buying only for educational purposes
DHAMPUR SUGAR MILL - Short-term Trend analysisDHAMPUR SUGAR MILL - Short-term Trend analysis
1. V shape recovery, it falls more than 65% from the all-time high...
2. It May be in the over-bath zone.
3. If the stock opens and closes at more than 234 then it may have a short-term up rally.
4. Target is 317 if the market trend reversal.
5. Fundamentally good stock, maybe we can hold for the mid-term for a good profit.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Dhampur Sugar - Breakout CandidateWith Sugar prices being up and Crude also moving higher, Ethanol blending could increase and with that procurement of Ethanol from Sugar Mills.
This could be positive for the entire sector on a whole..
Dhampur has a C&H which could potentially breakout above 360.
Keep a 7% SL and let it run.. (Even if you get stopped the first time keep tracking it and maybe reenter the next breakout too)
Open target as its a 15 year breakout and could give some very super returns if it clicks.
