PONNI SUGAR BUY BUYPONNI SUGAR BUY BUY and HOLD TGT UPTO 600 fundamentally strong Technically strong So be mentally strong to holdLongby masterurtrades4
PONNIERODE about to booomPonni Sugars Erode) Limited was incorporated in the year December 1996 in the name of SPB Sugars and chemicals Ltd and later in 2000 to the present name of 'Ponni Sugars Erode Limited'.The company is the brainchild of late S Viswanathan, affectionately referred to as SV by his friends & associates, a renowned industrialist of the South. The company is an offspring of Ponni Sugars and Chemicals Ltd (PSCL) under a Demerger Scheme sanctioned by the Hon'ble High Court of Madras on 10th September 2001. In terms of the Scheme, the company took over the business of Erode Undertaking with concurrent transfer of major part of stakeholders' interest in PSCL to the company. The Erode sugar mill was set up with 1250 TCD capacity in 1984 in a record time of 12 months. It achieved full capacity crushing during the very first year of its commercial operation that enabled declaration of a maiden dividend of 10% in that very first year, a record in the annals of sugar industry. It was a trendsetter in mobilising surplus cane during its infancy stage from neighbouring sugar mills and extending crushing season to well above industry average. Its capacity was expanded to 2500 TCD in 1994. The Erode sugar mill has successfully implemented an innovative Lift Irrigation Scheme by bringing in dry lands under cane cultivation, utilizing the effluent discharge of the neighbouring paper mill. This has helped secure multitudinal benefits - providing a dependable and perennial source of irrigation to farmers in the neighbourhood, increase of land value manifold in the region, transforming the livelihood of local rural population, resolving the raw material needs of sugar and paper mills and addressing ecological concerns in effluent dischar Longby MrSardarKhan2
PONNIERODEPONNIERODE weekly timeframe Note Please leave comments for any query. Disclaimer This is my trading experience, it is not an invite or recommendation to trade. Best Wishes PRABHUMAYAKANNANLongby PRABU-MAYAKANNAN3
Ponneri SugarsLookin really good as it tends to repeat the same historic patterns just like other stocks (Eg: Shakti Pumps kolte Patil) and it might give a good move as it breaks out of the trendline with volumes Initial entry can be taken now but the safe entry would be above 437 Follow the levels for Trailing SL and Targets Longby happyvegan101
PONNI SUGAR PONNI SUGAR (1D) CMP 409.55 Taking Multiple support around 370 and bouncing from support line Government of India has increased price of ethanol by 5-6/liter Sugar sector is showing Turnaround Keep in Radar Longby Kenil_Rana1
Ponni Sugars Investment longtermPrice broke above very important level and few candles sustained above resistance Now currently price is retesting the broken level On small time frames many small candles formed at retest level indicating price in not falling I have no stoploss for this Book value > CMP Div 1.27% Zero debt Low PE Sales increasing EPS increasing Entry 381.74 No stoploss Target Minimum 3XLongby mehulsan77110
A potential stock in sugar sector **IT IS A LONGTERM IDEA** Follow the FIVE rules below: 1)Book whole profit at the target price if u want. 2)Stick to strict stoploss, exit when hit. 3)Use supertrend indicator as a trailing stoploss(if u want to ride the momentum) and sell whole quantity once it hits the supertrend. 4)Wait as long as it hits the target price. 5)Don't keep your allocation not more than 10% of available capital. **CHART IS SELF EXPLANATORY**Longby SravanMac223
ponni sugar Break outThe stock has formed big rounding bottom pattern. we can even see it was consolidating from many months in a zone. formed run away gap if we observe. RSI above 80 on weekly, looks overbought wait for stock to pull back or consolidation. stock is showing good strength. fibo levels drawn for longer term view. Disclaimer: just for educational purpose not a recommendation.Longby Jrkautilya92
ponni sugar bullishrising ethanol prices, high bookvalue , intrinsic value of 550, P/e 9 bullish channel breakout , above 150sma for education purposes only Longby mitsoiUpdated 0
BUY #PONNIERODE STOCK PRICE @ 285.10 RUPEES 58% RETURNS EXPECTEDBUY #PONNIERODE STOCK PRICE @ 285.10 RUPEES 58% RETURNS EXPECTED Buy Entry1 @ 285.10 Buy Entry2 @ 230.90 Target @ 368.90 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Wishes Tradingwithtamilby Tradingwithtamil2
Live Challenging Stock Market Analysis Buy PONNIERODE @ 192.75Live Challenging Stock Market Analysis Buy PONNIERODE @ 192.75 Target @ 342.60 Buy 2 @ 177.80 Target 1 & 2 @342.60 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Wishes Forex Tamil by TradingwithtamilUpdated 2