Shree Renuka, Buy call, Buzzing Stock, stock prices, Shree Renuka stock advice, Recommendation, Recommended price, Target, Shree Renuka Target Price , Mitesh Thacker, Technical Analyst,
Shree Renuka Sugars may slip to Rs 204-195, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Thacker told CNBC-TV18, "Shree Renuka Sugars has been looking weak on medium-term charts. We saw good pullback from levels of around Rs 200-220. Yesterday we saw the price taper off again. It seems that the pullback is over and the prices are ready to decline. Again Rs 204 to 195 would be targets on the downside and the stoploss would be around Rs 222."
At 10:08 am, the share was quoting at Rs 216.15, up Rs 0.75, or 0.35% with volumes of 31,502 shares. Its marketcap is Rs 6,849.79 crore. Currently it is 226.26% above the 52-week low of Rs 66.25.
Shree Renuka Sugars may slip to Rs 204-195, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Thacker told CNBC-TV18, "Shree Renuka Sugars has been looking weak on medium-term charts. We saw good pullback from levels of around Rs 200-220. Yesterday we saw the price taper off again. It seems that the pullback is over and the prices are ready to decline. Again Rs 204 to 195 would be targets on the downside and the stoploss would be around Rs 222."
At 10:08 am, the share was quoting at Rs 216.15, up Rs 0.75, or 0.35% with volumes of 31,502 shares. Its marketcap is Rs 6,849.79 crore. Currently it is 226.26% above the 52-week low of Rs 66.25.
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