Breakout in yet another sugar stock!
Dhampur sugar has given a breakout from strong supply zone of 280-290.
A closing above 300 today will take this stock to levels of 350, 380 and ATH++.
However, this breakout might be news based and could fail as well. Commodity stocks have added risk of being extremely volatile.
Have strict SL in these kind of stocks and book quick profits.
A closing above 300 today will take this stock to levels of 350, 380 and ATH++.
However, this breakout might be news based and could fail as well. Commodity stocks have added risk of being extremely volatile.
Have strict SL in these kind of stocks and book quick profits.
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