Prices crossing below both 50 day and 200 day moving average.
breakdown from symmetrical triangle, as well as a H&S Top.
remember you dont need volume conformation on the downside.
ST target 120?
Axiscades at the apex of the triangle. A breakout on the down side looks likely. build long positions only on crossing of 200 DMA. proces now at 50 DMA.
Breakout from symmetrical triangle on high vloume has run into a rectangle consolidation pattern with low volume.
Will renuka sugars reach 24 levels by Feb 2017. SL below Rs 14.