Hi,
NSE:RANASUG has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss...
RANA SUGAR Daily has flag breakout/trendline breakout with 200 ema support at daily candle.
Good to buy at 27-30 range for target of 40.50,44 with sl below 23
The RANA SUGARS is showing a good upward move by taking the support of Up Trendline & Support Line at 23, it was still in doubt until it gave the final breakout by breaking the Down Trendline.
