24/08/2026
🧵Thread on stocks (Chart Attached):
✅Sugar Sector: A Trend Change After Years...?🍬📈
Something interesting is happening in the Sugar sector.
Most of the sugar stocks in my watchlist are showing strong momentum, with several moving towards 52-week highs / all-time highs.
👉More importantly, the monthly charts are showing a potential trend change after a long period of consolidation.
The common pattern:
➡️ Long correction/consolidation phase
➡️ Higher High–Higher Low structure starting to emerge
➡️ Breakout from major resistance zones
➡️ Strong monthly candles
➡️ Zig-Zag price action shifting from corrective → impulsive
Stocks on my watchlist:
• Dhampure Specialty Sugars
• Balrampur Chini Mills
• Uttam Sugar Mills
• Shree Renuka Sugars
• Dwarikesh Sugar Industries
• Dhampur Sugar Mills
• Dalmia Bharat Sugar
• Mawana Sugars
• Kothari Sugars & Chemicals
#⃣ The interesting part is the breadth. When multiple stocks within the same sector start displaying similar structural breakouts simultaneously, it deserves attention.
Sugar sector may be entering a new price cycle. 🔥
I will be tracking whether these breakouts sustain on a monthly closing basis.
Not a buy/sell call.
Just sharing the technical setup from my watchlist.
Disclosures:
• EQUITY4LIFE IH ANALYTICS PRIVATE LIMITED
• SEBI Registered Research Analyst
• Registration No. INH000012351
• Research Analyst or his associates or his dependent family members may hold or may not hold financial interest or actual/ beneficial ownership in the financial products/ securities advised herein.
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