Turning Bullish: Shree Renuka Sugars
On the weekly chart, the stock has shown strong buildup.
RSI and Volume are also rising.
If the 50 levels are retained on the weekly closing, we can expect good runup to targets like 57, 65.
News: A new government policy that permits sugar mills to generate ethanol from cane juice or syrup for the forthcoming Ethanol Supply Year (ESY) 2024-25 resulted in a delightful surprise for sugar assets on Dalal Street on August 30.
RSI and Volume are also rising.
If the 50 levels are retained on the weekly closing, we can expect good runup to targets like 57, 65.
News: A new government policy that permits sugar mills to generate ethanol from cane juice or syrup for the forthcoming Ethanol Supply Year (ESY) 2024-25 resulted in a delightful surprise for sugar assets on Dalal Street on August 30.
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