BUY RENUKA above 68.70
STOPLOSS 68.20 and 67.55
TARGET 72.40 and 74.90.
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USE STRICT STOPLOSS WHILE TRADING.
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Late hours buying in the counter will certainly
push the price for upmove. Two days selling
will also help the price recovery.
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ONE BIG PLUS POINT is recovery in
WORLD SUGAR PRICE after panic low.
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Crude Oil is shooting up with target of
USD 100/-. It is ASLO a plus point for RENUKA.
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TODAY Pakistan has invited bidders for
placement of its initial requirement of 2 lakh ton sugar.
ITS FULL requiremnet is 12 lakh ton sugar to fill the gap.
***
Happy Intra-day Trading..
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