Andhra Sugar - Breakout
Another stock which has consolidated while both the industries it is part of (Sugar + Caustic Soda) currently have a lot of tailwinds.
The stock could follow something like a Sujarat Alkalies and move a lot higher.
The stock as consolidated for over 2.5 months at these heightened levels hopefully forming a new base for its next move.
Long at current price with a stoploss below 162.50.
The stock could follow something like a Sujarat Alkalies and move a lot higher.
The stock as consolidated for over 2.5 months at these heightened levels hopefully forming a new base for its next move.
Long at current price with a stoploss below 162.50.
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