multi year high break out pettern Rounding bottom pattern Volume Increase
Multiyear BO and at the same time broke out of the Gann levels. More volumes coming in and trade carefully as it is nearing overbought zone. Trailing SL and targets are marked accordingly
UTTAM SUGAR MILLS has given weekly breakout, from cmp we can achieve 1:2 RR.
structure showing round bottom pattern above 475 level sustain then upside as mentioned in chart Ethonol will key role in sugar sector...
#uttam suger #balrampur chini #renuka suger all at breakou level also see plz all suger stock
Another sugar stock looks like going to rock...Uttam sugar CMP:350 sl:290(wcb) Target: Open
UTTAMSUGAR looking good.......................................
#UTTAMSUGAR : All Levels mentioned are for Positional call (1-12 months) Good Strength & Volume Buildup >> For Swing Trader : > Try to enter at retracement nr safe entry levels with a stoploss of 250 > Take Quick 5-10% & keep trailling #positionaltrading Keep liking, sharing and Following for more Learning Happy Trading !!!
Likely to follow uptrend changed in MACD consolidation yet Break out Target 1 - 243.30 Target 2 - 267.80 SL -170.90
UTTAM SUGAR FOR LONG TERM Target 450+, Stop Loss 200
BUY 125-130 Target 160,200 Sl 110
Chart is bullish. Stop Loss:90 Target: 130 Time Frame: 2 months
For Educational purpose.! Views are Welcome.!