Triangle breakout
Chart -> Renuka Sugar Daily
The stock has recently broken Descending Triangle resistance line. Resistance is around 50.50, above that, it can move swiftly.
CMP: 49
Buy till: 47
SL: 45 on a daily close
Targets: 55, 63
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
The stock has recently broken Descending Triangle resistance line. Resistance is around 50.50, above that, it can move swiftly.
CMP: 49
Buy till: 47
SL: 45 on a daily close
Targets: 55, 63
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
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