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SHREE RENUKA SUGARS LTDSHREE RENUKA SUGARS LTDSHREE RENUKA SUGARS LTD

SHREE RENUKA SUGARS LTD

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RENUKA trade ideas

SHREE RENUKA SUGAR BULLISH SWING REVERSAL NSE: RENUKA SUGAR formed symmetrical triangle chart pattern on weakly time frame supported with volumes. This weak volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.The stock has been moving along the horizontal support for the past few days which is indicating demand.#stockmarket #stocks #investing #trading #investment #money #finance #stock #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading
NSE:RENUKALong
by jps_buttar5353
Renuka viewsViews about this script has been published by me in the recent past also. Although, after publishing it, it did not show an immediate momentum as such, I am still having the hope to watch this script around the value area, I have shown in the chart drawing. One of the challenging comments arrived upon for my earlier post by someone and so I was curious about my own belief in my analysis as such. I accept all freedom of expression, but to the best of my knowledge and abilities I am trying to post with deepest respect towards the responsibility, I acknowledge towards public posts.
NSE:RENUKA
by AMGO_Markets
Shree Renuka Sugar Clean BreakoutThe idea here is about Shree Renuka Sugar: Shree Renuka Sugars Ltd is a fully integrated player focused on manufacturing and marketing of sugar, power and ethanol. The Products portfolio of the company includes: Sugar, the company manufactures refined sugar confirming to EU standards it is the higher end product consumed by European and African Countries and is also used for Industrial purpose. 1. Broken out of Symmetrical Triangle & retested with heavy volume at the time of publishing. 2. Navarro 200 Advanced harmonic completed from 26th May to 20th June 2022. 3. Trading above 20 & 200 EMA on daily chart. 4. Kumo Breakout & Kumo Twist on a daily chart is Strong for an upward momentum. 5. RSI is at 69.59 on a Daily Chart at the time of publishing. 6. MACD Way above signal line on daily chart. 7. Hull Moving & other moving average is a strong Buy Daily, Weekly & monthly chart. 8. Long Entry confirmed Target 1 achieved. Projected targets as per Navarro 200 & Symmetrical triangle provided in the chart. Stop Loss: provided in chart. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations. Cheers.
NSE:RENUKALong
by Tron029
4
Shree Renuka Sugars - 240 MinsThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves). Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support....
BSE:RENUKALong
by Tradelikemee
Shree Renuka Sugars (For Short term Traders)Through The Chart You Can see after The breakout From The descending Triangle pattern I)Stock is still under a box range also under it 2)after the breakout creating a Rising wedge pattern Considering Both the points...Stock is now as on 25/7/22 under a very indecisive and critical area which can lead us to the following possibilities 1)Stock Will Consolidate under under the rising wedge and a box range and the give a amazing upward movie nonstop....(positive) 2)stock will Directly break both the patterns but in this case there are higher chances stock will spend some time at aimportant area of 53-54l level.....(positive) 3)And last which has lesser chances according to me is the stock may break the rising wedge pattern towards downside and move till the levels 47,45.30,41.50..(negative) If stock starts it upwards rally it will go boom as per important levels 53.30,63,70 (For short-term traders) Hoping for the best! Thank you😊
NSE:RENUKALong
by ajaypratap4183
2
The biggest player of ethenol in India.has the highest capacity for Ethanol and is also increasing capacity Cash from operations is improving. High debts retired under the guidance of new management Wilmar. Credit rating improved and the guarantee given by the parent company. They are also selling sugar to Adani wilmar group according to their BS. The plant is working at more than 100% capacity. One more plant is expected to be operationalised by Oct. It should touch 80 by second quarter results as good monsoon is also expected. The biggest player of ethenol in India.
NSE:RENUKALong
by Tradernawab
1
target 70, 100The country's sugar exports exceeded 10 million tons for the first time. India's sugar exports jumped 65% in 2021-22 corresponding to previous year. This was despite logistical challenges posed by COVID-19 pandemic, Ministry of Commerce and Industry Piyush Goyal said. Sugar exports are estimated to increase to over 90 lakh tonnes in the current marketing year ending September, from 71-72 lakh tonnes in the previous year, on better demand for the Indian sweetener from Bangladesh and Indonesia, according to industry body ISMA. The sugar marketing year runs from October to September. Around 80 lakh tonnes of sugar export have been contracted so far. Out of that, about 57.17 lakh tonnes of sugar have been physically exported out of the country during October 2021-March 2022 period, as compared to about 31.85 lakh tonnes exported in the last sugar year during the same period. About 7-8 lakh tonnes of sugar is in pipeline for export in April 2022. Major export destinations are Indonesia and Bangladesh, accounting for almost 44 per cent of total exports, as against 48 per cent shared collectively by Indonesia and Afghanistan last year during the corresponding period ISMA said it has revised its production estimate to 350 lakh tonnes for the 2021-22 marketing year. It also revised its export estimates to over 90 lakh tonnes. Considering the above and domestic consumption of 272 lakh tonnes, there will be a closing balance of 68 lakh tonnes at the end of the sugar season on 30th September 2022 On the production side, ISMA said that mills have produced 329.91 lakh tonnes of sugar till April 15 in the current 2021-22 marketing year against 291.82 lakh tonnes in the year-ago period.
NSE:RENUKALong
by Tradernawab