Identifying Breakout in Shree Renuka Sugars
Shree Renuka Sugars have broken the channel with great volumes today (13-06-2024) and seems to be in a breakout zone...
Seems like a good swing pick...
Buying below 50 seems like a good opportunity
if the price falls below 45 it can be an opportunity for downward average
Stop Loss at 36
Target 75 80 100
I have added a few stocks today and will be tracking the scrip closely
! Caution !
This is just for education and research purpose, I am not a SEBI Registered advisor.
Pls confirm with your financial advisor before buying/selling anything on the stock markets.
Thankyou !
Seems like a good swing pick...
Buying below 50 seems like a good opportunity
if the price falls below 45 it can be an opportunity for downward average
Stop Loss at 36
Target 75 80 100
I have added a few stocks today and will be tracking the scrip closely
! Caution !
This is just for education and research purpose, I am not a SEBI Registered advisor.
Pls confirm with your financial advisor before buying/selling anything on the stock markets.
Thankyou !
Note
Stock seems to be forming a channel near breakout zone which can be considered as a good signNote
SOLD HoldingsNote
Target Still Open 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.