KM Sugar Mills (NSE: KMSUGAR) — Technical Analysis
KMSUGAR
Trend: Short-term recovery attempt, but volatility is high. The stock fell sharply after reaching the ₹33–₹34 area in late September.
Key trading levels
Level Price (₹)
Immediate support 27.20–28.00
Strong support 25.00–26.00
Major support 23.00–24.00
Immediate resistance 29.40–30.00
Next resistance 32.00–34.00
Major resistance 36.50
Levels estimated from recent trading data and historical price ranges.
NSE India
+1
Trading plan
- Bullish: Consider a breakout setup only after a sustained close above ₹30 with strong volume.
- Bearish: A decisive break below ₹27 may expose lower support zones.
- Risk management: Use a predefined stop-loss; avoid averaging down in a falling stock.
Overall: Wait for confirmation rather than chasing a sharp move. These are technical reference levels, not guaranteed targets or personalized financial advice.