Dhampur Sugar is trading in a narrow range price band.
Not able to sustain above 260 odd levels...
Approaching 248 - 249 good bounce back zone...
2-3 consecutive close below 248 chances of drifting down to 220-215 zone are high.
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Dhampur Sugar seems to be getting ready to test level of 230 where its all time resistance zone exists.
Risk reward is favourable for a long setup with a stop below 150.