RENUKA trade ideas

sckeshari344

Shree Renuka looks good to go upside RSI and MACD shows good momentum if breaks 35 level then we can see 45-47 levels soon. Bullish triangular pattern formation. Disclaimer: This is not a recommendation. Pls invest as per your own risk.

ST_NGNF

Renuka Sugar Cmp - 33 Stop - Nil Expectation - T1 - 45 T2 - 60, Review at 60 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment

Cruoso4u

Friday closed at upper circuit. I expect it'll gapup and hit upper circuit again. High momentum move is expected from here. I'm also in this trade. Let's wait and watch.

Ritwikk_Sethh Updated 

shree renuka sugar is trying to break months of consolidation with resistance and levels marked

Cruoso4u

Entry will be on Friday if the current weekly candle closes above the previous weekly candle high. Stoploss will be the low of the current weekly candle. Target is mentioned in the chart.

Nimble_Pesos Updated 

Strong Sugar demand across would has picked the sugar prices much higher. Cup & Handle pattern seen in the charts. wait for strong numbers and pull back from Renuka Sugars

YS9

Once trendline is broken it can give good up move. Here SL should be kept more as its a smallcap company. SL can be kept below 23

Shadab_07 Updated 

The price is moving in a parallel channel. Can enter now and the target would be the blue line i.e. around Rs. 31.55.

ChiragSinghvi

Renuka Sugar CMP - 30 Best Buy - 24-27 SL-18 Target - 51-60-75

Omahto

Sugar Stocks has given a good rally in the last few months. They Some stocks have corrected a bit. Buy From 18.5 - 19 Sl 15 (CB) Target - 30 40 50

UnknownUnicorn11480013

below 28.7 a trip towards 24 for one last time possiblr.. UPSIDE ONLY ABOVE 33 WCB

UnknownUnicorn11480013 Updated 

SUPPORT 1 LEVEL 34-35 SUPPORT 2 LEVEL 29-30. ALREADY BROKE OUT ON A MULTI YEAR TIME FRAME

Nileshblr2007

Renuka sugar has done breakout from 7 years range and now taking support at 34 to 36 range. may accumulate , it will touch 50 soon. * remarks: this is for educational purpose only. contact your financial advisor before taking any trade.

marketbhakto

RENUKA SUGAR

pmosesoliver Updated 

Shree Renuka Sugar Buy Range:14.7 - 17.65 Upside Target: 19.55, 22.4 Support Levels: 14.7, 13.85, 12.3 Can buy on dips. Good for long term investment. Chances for multi-fold returns. Good Luck! *** You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. *** ...

UnknownUnicorn22711483 Updated 

long in cash for target 31.85 stop loss 22.45 trade and invest at your own risk

Charts_insiders

Renuka (M):- 28.1 Looks good for more upside:) 1) Multiyear Breakout soon :) 2) Huge Volume spurts

tarangmht

Sugar as a sector has been rallying and have been popular amongst the trading community for a few months now. The multiple benefits that the sugar industry are now realising from the producing sugar are being discovered at large by the general investing commmunity. Sugar Industry has been stable for the last few years and now looks for a rerating due the following...