−1.35INR
−1.97BINR
90.207BINR
623.594M
About SHREE RENUKA SUGAR
Sector
Industry
CEO
Vijendra Singh
Website
Headquarters
Mumbai
Employees (FY)
1.977K
Founded
1995
ISIN
INE087H01022
Shree Renuka Sugars Ltd. is an agribusiness and bioenergy company, which engages in the manufacture of sugar, ethyl alcohol, and ethanol. It is also involved in the generation and sale of energy. The firm operates through the following segments: Sugar-Milling, Sugar-Refinery, Distillery, Co-Generation, Trading, and Other. The company was founded by Narendra Madhusudan Murkumbi on October 25, 1995 and is headquartered in Mumbai, India.
Watchlist--swing trade
--Good for long run
--sugar sector in focus
--Cup and handle pattern in 1H TF
--enter after breakout with good volume
--personal view in Bull
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your ha
RENUKA | Swing Trade📊 Details
Incorporated in 1995, Shree Renuka Sugars Ltd does manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power
Disclaimer: This analysis Is intended solely For educational purposes And does Not imply that I am a SEBI registered analyst.
If you found this
Rounding Bottom weekly chart Above 59 breakout
Target 68, 76, 88 Levels.
SL : 48
Risk is yours and Reward is too yours totally
Time Frame : 1to3 Months
RENUKA --- can give 60% to 100% gains in coming monthsNSE:RENUKA
one can research this setup for 60% to 100% gains in coming months
gave breakout on weekly timeframe at 50, then made high of 55
retested 50 zone this week and now back to 55
cmp is 55
This analysis is being done for educational and knowledge-sharing purposes.
This article does not off
Reversal Soon for Shree Renuka SugarsShree Renuka Sugars is overstretched and prices may turn around; watch for signs of reversal.
RSI and Price divergence is noticed on daily charts.
Conclusion:
Downtrend looks minimal before reaching targets.
Note for everyone who came across this reference:
This chart analysis is on
MULTIBAGGER STOCK TO BEMULTIBAGGER STOCK.
BUY SHREE RENUKA SUGAR 🤩🤩🤩
CMP- 55
TARGET- 100,150,200
NO STOP LOSS (Will update)
ADD IN DEEP BETWEEN 35 TO 45.
SECTOR- SUGAR.
Looks like a Cup & Handle pattern is form.
PROMOTED BY WILMAR GROUP.
(SINGAPORE)
SHREE RENUKA SUGAR is one of the largest ETHANOL producing compa
Sugar serctor is at sweet spot. Watch this space. Sugar sector is in sweet spot. Watch out this space as the cycle is turning around for Sugar companies. Many factors affecting it-Globally sugar pricing were highest ever, this year production of sugar is very less due to bad monsoon, Ethanol story is playing out very aggressively. So, choose your b
#renukasugarthe chart is shaping up well. with sugar prices firming up and scanty rainfall in major part of country, the prices could go up and share price can do well.
See all ideas
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