Renuka Sugar- Can Sugar Turn into Honey?

48 4 5
Follow up from previous update- "Renuka Sugar- Looking for small rally & big Fall"-- If RS             moves above 17 mark -it will confidence the up move & should carry to 18.50-19 Handle Zone.

Abhishek             H.Singh, CMT            
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
This time it's different. Every year we have enough surplus of Sugar and global sugar prices were low. Maharashtra Government is already asked government to import Sugar after pulses import is done to ensure prices are lower locally. But global market shot up after the news.

We might be seeing 40 or even 50 Rs. By this year.
Thanks for update
Keeping technical aside....I have been following renuka sugar for a long time and it goes up every year in the month of aug and september....Possible due to harvesting of Sugarcane.
Could be one of the reasons. Regards
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out