It will slowly move up until 20th, the day result going to be out. the result expected to be very strong and if that is the case this counter will give immediate 15 to 20% in a couple of days from result. This strip is the top pick in sugar sector and one of the top sector in this bull run.
218 is a strong support above 220 next 240-260 and 290. Hold this shares and you may book partial profit at 260. best luck
please keep your eyes and ears open.if you had time to come on the board you would have also heard about farmers` protest.Just a sentimental jolt.I think smart investor would have used this opportunity to accumulate.
This is the good time for booking profit in the shares. Presently it trading at 52 week high. There is a problem regarding fixation of minimum price of cane. If the govt increases the prices of the cane, which mills have to pay this additional amount. There is hit on the profit of the comanies. Due to this we should book profit in renuka sugars presently.
| NIFTY 
