Buy Shree Renuka Sugars, says Sukhani
Published on Tuesday, November 10th, 2009 at 10:41 PMAuthor: stockalert (2026 Articles)
Buy Shree Renuka Sugars, says Technical Analyst, Sudarshan Sukhani.
“Rising tides lifts all boats. The market has lifted the sugar stocks; they have gone through a correction. I assume the correction will be deeper but Shree Renuka’s chart tells us that it has done its bit on the downside; it is now at lifetime highs. That again should continue. So here is a speculative sector, you want to look at Shree Renuka today for a day trading, buy the stock, Rs 211 is a stoploss, stop losses have to be tight, look for the modest target of Rs 217.”
Source : MoneyControl
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