Date 31.08.2024
Shree Renuka Sugars
Timeframe : Weekly
Remarks :
1 With respect to recent swing action at stock, it is at support of 61.8%
2 Resistance at 78%
3 Latest swing high at 68
4 Gann 4/1 + 78% are combined resistance
5 Once breaks 55 then target is 68. 23% upside
6 Descending triangle base at 42-44
7 Sideways between 55-44. Don't anticipate and enter in sideways momemt.
Regards,
Ankur
Shree Renuka Sugars
Timeframe : Weekly
Remarks :
1 With respect to recent swing action at stock, it is at support of 61.8%
2 Resistance at 78%
3 Latest swing high at 68
4 Gann 4/1 + 78% are combined resistance
5 Once breaks 55 then target is 68. 23% upside
6 Descending triangle base at 42-44
7 Sideways between 55-44. Don't anticipate and enter in sideways momemt.
Regards,
Ankur
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