Balrampur Chini Mills Ltd

Sugar stock creating a Darvas Box

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Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of the Company comprise distillery operations and cogeneration of power.
BCML is one of the most efficient integrated sugar producers in the country. The Company has grown its capacity by well-planned capacity expansion projects and the acquisition of existing companies over recent years

Technically it has created a Darvas Box with volume which can be considered for a long position

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