RENUKA trade ideas

ChartShala

Giving BO of 200 EMA #RENUKA - Descending Triangle BO - BO validated with Volume - Above Key EMAs - Bullish RSI

ChartM_

Shree Renuka Sugar Mill Buy Above 46 Sl 42.50 Target 50, 54

vipinguptaca

Look at Shri Renuka Sugar. Coming out of consolidation phase. Ready to Fly.

subbu_1915

Stock has given BO on daily chart with massive volume after long downward move from ATH level of 68, follow chart for proper support and resistance levels.

MurtazaLokhandwala

Very good risk to reward retio, buy stoploss🙏 only of 44 ₹ Food inflation😡 is in all comodity My first target is 56 .

ayushanand Updated 

Shree Renuka stock has formed a White Marubozu candlestick pattern after a downtrend. The 5 EMA crossed the 8 EMA, MACD Crossover, and RSI trending up. Potential for a good up move if it sustains. #ShreeRenuka #StockAnalysis #BullishTrend

indiamarketoutlook

Stock is at support levels. Buy at CMP and on dips towards 42. Important resistance around 63-68. Once crossed and sustained, the stock may head much higher.... Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision...

trade_capital_007

shrenuka sugar - price contraction Indicates a price movement

Csbhirud

Stock is rising in a parallel channel on weekly timeframe. It can be considered as a good investment as the price is at the important support trendline. Disc-Not an Investment advice. This is just for educational purpose

Solanki_Darshan

simple break-out swing trade for a 7-10% return. enter in the trade after one more positive candle😀.

kishan_Vyas Updated 

Trendline Breakout in Shri Renuka Sugars Book profits within the first 30 minutes of the market opening - Try to exit by taking 5-6% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and...

CKSoni Updated 

Positional buy entry/ Target Mentioned although portfolio stock can keep with 2 year horizon for 3 to 4X profit Stoploss below 44

TradingWithRahul

Buy at CMP of 62.5 for a target of 68 with a stop loss of 59.5.

siddmuk2005

Renuka Sugar is making higher low formation with possible breakout and target zone would be 68

sufficientChee90035

having good targets for coming week till 62.5 and so on ..,

kathanthakkar403

Chart -> Renuka Sugar Hourly Renuka has given a good breakout after resisting from same resistance but making higher lows every time. CMP: 59.30 Targets: 63.50, 66.70 SL: 57 hourly close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.

AjayDhakad_Keep_it_simple

RENUKA:- Stock almost ready to give breakout after 11 years on monthly chart. keep on eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all...

vanathi Mod

Price is trending up, taking the support of the trendline and it has formed a rounding bottom in weekly chart. There are two possiblities. Plan A : Price may sustain 58 - 62 with volume and move to 68,74 and 80. Or it may form a handle,retest the trend line and then from trend line support, will move upside. If the handle formation is bearish and break the trend...