The longer the horizontal base, the better. A long base will establish a more significant support level, and the ownership of the stock will transfer from weak hands to strong hands.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20