RENUKA trade ideas

Soulblighter

the 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.

nilakshgupta Updated 

BUY - SHREE RENUKA SUGAR CMP - Rs. 53 Target - 1: Rs. 65 Target - 2: Rs. 80 Target - 3: Rs. 96 . Timeframe - 2 months - 6 months . Technicals - Bullish Triangle Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!

tgsanalytics

A breakout and change in the theme of market for sugar sector is changing. Long position can be created and trade according to given SL and Targets.

sambashiva

Looks like Renuka Sugars started its journey. Breakout within range

yaashul Updated 

Welcome back, fellow investors and traders! Today, we'll be delving into an exciting stock analysis that has caught the attention of many in the market. RENUKA, a prominent stock, seems to be showing some promising signs on its trading chart. With a recent breakout of a falling weekly trendline, a 7-week consolidation pattern, good volume buildup, and high hopes...

kushalnit Updated 

First it broke the trendline with huge volume and then broke previous swing high with huge volume. Now consolidating before possible upmove. Buy, SL, Target indicated by the RED/GREEN colors NSE:RENUKA Disclaimer: Earnings Day is close. Trade accordingly.

broly_

Stock saw good correction after which stock trying to recover. As you can see there are large numbers of buyer are interested at this price. One can do early entry too ( before breakout) as per your risk capacity. It's for education only.

jayant999

Triangle break out should see 55 levels. * Make your own decision

mestcapital

NSE:RENUKA confirms breakout and followed by a good retracement, you can start building positions slowly. stop loss can be kept on lower low of range.

Singh_Siddz

Renuka CMP 46.7 Small dip to 45.8 can be bought SL Strict at 42.5 on CLBS TARGET 50/58

johntradingwick

- Bounced off the weekly demand zone - Consolidation in a Triangle - High volume breakout on the daily Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

kathanthakkar403

Chart -> Renuka Sugar Daily Symmetrical Triangle breakout with volume support. CMP: 46.70 Good Range To Buy: 45 to 46.50 Targets: 49, 52.50 SL: 44 Daily 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.

RK_Charts

Hello Friends, Welcome to our Elliott Wave analysis and technical indicators overview of Shree Renuka Sugar Ltd (RENUKA). In this analysis, we'll explore the Elliott Wave perspective and how it aligns with various technical indicators to support a bullish sentiment in the stock. Please note that this analysis is for educational purposes only and not financial...

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 .