Dwarikesh Sugar
fibonacci
harmonic patterns
Harmonic Shark Pattern
Sugar Industry
Dwarikesh Sugar banged on target ! And Now !!! ??? !!!
Yes as per the chart behavior Dwarikesh Sugar has given its target... but this stock is also a fundamentally strong stock with quality PE, PEG, and ROE... now the question is when to enter again...
Check the chart carefully and decide your target accordingly...
This harmonic pattern clearly showing this stock is in distribution and according to the pattern, the accumulation zone will be Rs. 18.00 to Rs.14.00 level and the target will be Rs.26/28/31 and 33.
This analysis has done on the daily chart on a free charting site, please invest at your own risk.
For more information check this link...
Also, let me know if you want to know the fundamentals of this stock in a conclusive way before investing ...
0 Comments: