It is recommended to buy Shree Renuka Sugars intraday for target of Rs 35-36 with keeping a stoploss of Rs 30. The government is likely to allow exports of may be 1 million tonne sugar by next week, which will be seen quite positive overall for the sugar sector and largely for this company since this company is the largest sugar manufacturer and having huge trading activity. Apart from that the stock is seen to be hugely oversold in last three days post its Q4 dull numbers and hence short covering can also act as a big trigger for the stock.
Subscribe to:
Post Comments (Atom)
Blogger news
What We Provide
We give Intraday Stock Tips, Markets Outlook, Nifty Tips Tomorrow, Futures Options Tips, Bank Nifty Tips, MCX Commodity Tips..
Classified Ad Listing
FREE MCX and NCDEX DAILY TIPS ON MOBILE BY SMS
Get Daily MCX and NCDEX tips with more than 90% accuracy on your MOBILE phone by SMS. We provide sure shot MCX and NCDEX Commodity tips with atleast 3-5% return on an intraday trading basis.
Get Daily MCX and NCDEX tips with more than 90% accuracy on your MOBILE phone by SMS. We provide sure shot MCX and NCDEX Commodity tips with atleast 3-5% return on an intraday trading basis.
Post a Comment