Shree Renuka - A Best Stock To Buy at Current Levels

Shree Renuka Sugars Ltd. is recommended to buy at current levels. On charts the stock is looking very attractive, in fact last week I had suggested traders should buy it and that suggestion still remains valid even after today's almost 7.50% gain. From the last week these 3-4% gains sound impressive in terms of percentage but now with their prices it is just Rs 1. So even at current prices Shree Renuka is a buying opportunity. Eventually if this trend sustains, I think it will reach Rs 37-38- or Rs 40, short-term traders will have to look for more modest targets.

Shree Renuka Sugars Ltd. has broken out of a long trading range and its a buying stock even at current levels, keep a stop just under Rs 27 and look for a target of Rs 31 and then Rs 34 for a week.

Get Daily Tips Directly on Email


Blogger news

What We Provide

We give Intraday Stock Tips, Markets Outlook, Nifty Tips Tomorrow, Futures Options Tips, Bank Nifty Tips, MCX Commodity Tips..

Free Trial Tips On Mobile By SMS

Subscribe us to get FREE TRIAL in stocks & commodity tips on your mobile by sms. We offer 2 days Free Trial for stock tips and commodity tips....... 2 Days Free Trial

Classified Ad Listing

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.
Free Trial


This blog is not intended as professional advice. The author disclaims any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.