BC SUGAR

Mayank Narula
@Mayank_Narula1 3 years, 1 month ago 392 views

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#SUGAR

Shared this update on sugar stocks in Feb on telegram.

Some of them have moved a bit but this is just the beginning.

Way sugar is setting up, it can very well replicate pharma rally of 2020.

However, looks extended on smaller tf. Will wait here for some retracement.

More from Mayank Narula

Mayank Narula
@Mayank_Narula1

I will be a buyer under 13800 levels, but depending upon the reversal on smaller timeframe.

#BITCOIN

Pending RSI divergence on monthly chart which requires a dip under 13805 to get resolved.

But monthly RSI divergences can go on for years before the resolution.

Best case scenario will be panic dump over next few months. pic.twitter.com/hi67hMg9sZ
— Mayank Narula (@Mayank_Narula1) March 5, 2022

Mayank Narula
@Mayank_Narula1

#Tatametali

Fib levels

Stock peaked out at 1.618 extension of last swing at 1373.7. Now consolidating around 1.272 extension level.

Can potentially do 2055 after taking out 1388.

Will wait for breakout. Metals are looking prime for next run.

Mayank Narula
@Mayank_Narula1

#HINDUNILVR

Decade old move appears to have ended here. If last cycle is any indication, then 61.8% retracement can't be ruled out. (around 600)

Market is falling out with consumer facing businesses, be it HDFC Bank (consumer finance) or HUL (Consumer goods).

Mayank Narula
@Mayank_Narula1

#bajajfinserv

Decision time for the stock.

Has been mimicking closely the Nifty chart, so we can say that #Bajajfinserv can indicate what direction market can take from here.

RSI going in same direction as price but MFI showing positive divergence.

#bajajfinserv

If it breaks the expanding triangle on closing basis, we are looking at 20-25% correction from here.

Daily RSI was oversold at the bottom and failed to come over 30 in last 2 days.

Worrisome signs.

#bajajfinserv

Structure broken.

Target of 20-25% fall from here is activated.

Mayank Narula
@Mayank_Narula1

#INFY

Gap down on huge volumes and then bearish engulfing on huge volumes.

Things will only get worse for IT stocks from here onwards.

More from Sugar

Rohit Chauhan
@rohitchauhan

Among all the risks, regulatory risk hits with no warning
https://t.co/oOb1FMg35e

This is not new and will occur again. Gets amplified if the owner and regulator are the same

If you do invest, do it with proper risk management

From the same post

Kirtan A Shah
@KirtanShahCFP

In a business where the buying & selling price is fixed by the government, how is that the sugar stocks are rallying so much?

A thread 🧵 to learn how the sugar sector works. Do re-tweet and hence us educate more investors (1/n)

- Sugar is made out of Sugarcane
- The government fixes buying price (FRP – Fair & Remunerative price) for the mill from the farmers at 2.850/Kg
- Selling price is also fixed at Rs. 31/Kg (MSP – Minimum selling price) (2/n)

Lets understand the sector,

- Sugarcane purchased by the mill is crushed to remove the juice (exactly like you have sugarcane juice at a hotel)
- Juice is heated & boiled to remove sugar (3/n)

- The juice can be boiled upto 3 times to remove sugar. Each time it is boiled, sugar is removed, than some water is added and boiled again to remove more sugar (4/n)

- There are 2 by-products as well. The residue left behind after the boiling process is over is like a gum/paste called molasses & the fiber/stem of the sugarcane after juice is extracted (5/n)

Vikram Sawant
@VikramS05145219

@varinder_bansal But we have surplus sugar production, ethanol plants are yet to come up. Policy of increasing the ethanol blend is announced. But infrastructure is not ready. Last year's huge stockpile in godown. Farmers not paid FRP in many states.

Unknown Market Wizards
@WizardsUnknown

@soicfinance Pat Dorsey as well. On mistaken moats:-

Sandeep Mahara
@sandeepmahara

@SterlingFincap @varinder_bansal EV and PV (Photovoltaic) will cut short the ethanol ramp up. Renuka will end up like their Brazillian misadventure. Disclaimer - Was stuck in Renuka for years and had written off the investments. Good to see green pasture holding with SL

When trump arrived in the summer of 2017 14/09/2017 he laid out all the documents, all the folders and they had all the photographs, disks, cds, dvds with all footage of them doing horrific things, the NSA has it all!

2 weeks later the richest men begun getting arrested...

They hand picked Obama, alwaleed tala decided to make Obama the linchpin of the us presidency. Barack has connections all over the cabal

$Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193$

Billy Bostickson 🏴👁&👁 ...
@BillyBostickson

Keep dwelling on this:
Further Examination of the Motif near PRRA Reveals Close Structural Similarity to the SEB Superantigen as well as Sequence Similarities to Neurotoxins and a Viral SAg.

The insertion PRRA together with 7 sequentially preceding residues & succeeding R685 (conserved in β-CoVs) form a motif, Y674QTQTNSPRRAR685, homologous to those of neurotoxins from Ophiophagus (cobra) and Bungarus genera, as well as neurotoxin-like regions from three RABV strains

(20) (Fig. 2D). We further noticed that the same segment bears close similarity to the HIV-1 glycoprotein gp120 SAg motif F164 to V174.
https://t.co/EwwJOSa8RK

In (B), the segment S680PPRAR685 including the PRRA insert and highly conserved cleavage site *R685* is shown in van der Waals representation (black labels) and nearby CDR residues of the TCRVβ domain are labeled in blue/white
https://t.co/BsY8BAIzDa

Sequence Identity %
https://t.co/BsY8BAIzDa
Y674 - QTQTNSPRRA - R685
Similar to neurotoxins from Ophiophagus (cobra) & Bungarus genera & neurotoxin-like regions from three RABV strains
T678 - NSPRRA- R685
Superantigenic core, consistently aligned against bacterial or viral SAgs

Patrick McKenzie
@patio11

So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.

If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018

The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.

$ArmaniTalks \U0001f399\U0001f525$