Golden Crossover - RANASUG📊 Script: RANASUG
📊 Sector: Sugar
📊 Industry: Sugar
Key highlights: 💡⚡
📈 Golden Crossovers are seen into this Script.
📈 Golden Crossover is where slow moving average line crosses fast moving average above.
📈 Although Script is trading at All Time High we may see some bullish rally.
⏱️ C.M.P 📑💰- 25.12
🟢 Target 🎯🏆 - 27.40
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Trade ideas
short term trading opportunity in rana sugars for 20% upsideHi,
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 and targets mentioned on the charts for educational purpose.
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RANA SUGARS LTS : LONG TERM HOLDBSE:MISHTANN shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 1: 44.30
Stop Loss: 34.75
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
RANA SUGARS LONG RANA SUGARS - DAILY CHART
- RALLY BASE RALLY FORMATION
- BUYING ZONE
- DECREASING SELL VOLUME
The stock has corrected it self from the low of 23.30 to a high of 30.95 with a base formation at 27-25. The stock is again in the buying zone and hope to see a upward movement if it does not fall below the zone.
So if the stock goes up the first resistance it would face at 30-31 but if the stock goes down it will take support at 25.95 and then at 23.30.
Decreasing selling volume can be seen from previous selling volumes so might be the start of increased buying volumes....
The above analysis is based on technical charts and price action strategy. Feel free to share your thoughts and views on it
75% min profit in ranasugar.RANA SUGARS LTD has formed a perfect double bottom in weekly time frame. so we can expect a bull run from here and we can expect a min profit of 75% in coming weeks. NOTE : for long term only.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
RANA SUGARS LONGRANA SUGARS LTD. (1 H Time Frame)
Stock is going up with good breakout on June 3 ,2021. Following a good up trend pattern with higher top and lower low each day.
The stock was going down yesterday after opening bell but hit upper circuit later and gave a good up move which shows the buying strength in the stock, the stock was down today after opening bell and took support at 21.70 and confirmed the support for today.
According to my view the stock is ready to make up move with good trend and buying strength and wait for the target of 25 in coming days..
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