TRADING CALLS
SHREE RENUKA SUGARS - SHORT TERM: STRONG, LONG TERM: STRONG, PREVAILING BIAS: STRONG
Shree Renuka is gathering momentum and the rise is becoming veritical i.e the speed at which the price and volume is going up is accelerating. That makes it a day trade, swing trade and perhaps a long term trade
The stock has a very strong support at 80. And from that point it has had volumes running up 3-4 times its 3 month average and the speed of the rise has been strong. Hold if you have it. Looks ok to trade
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