TradingView
rdkriplani
May 18, 2021 2:44 PM

Dhampur Sugar - Breakout Candidate 

DHAMPUR SUGAR MILLNSE

Description

With 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.
More