Shree Renuka Sugar Playing Pullback
Updated
After Making a high of 40 it has retraced to 33.9 levels Which is also 0.61% Fibonacci Retracement of the earlier upmove so You can buy now with a small SL 33.9 levels for 40 levels.
Once it crosses & closes above 41 Levels on weekly chart a momentum can come which can take it upto 60 levels
CMP 36
SL 33.9
Target- 40, 44, 60, 72
Once it crosses & closes above 41 Levels on weekly chart a momentum can come which can take it upto 60 levels
CMP 36
SL 33.9
Target- 40, 44, 60, 72
Note
After almost hitting 55 levels it had terraced back to 48 levelsNow again showing strength can hold it or book half here
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