DCM SHRIRAM IND LTD

DCM SRIRAM INDUSTRIES -BUY

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Positive divergence in this sugar stock likely to go to new high as added by sugar prices which are expected to double in a years time due to brazillian fires in sugar fields and moreover ethenol production which company is expanding and government will give desired push. Stock has taken support at important fractal and 38.2 % retracement of previous rally

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