Renuka Sugar : One more Sugar Company Breaking Out

Sugar as a sector has been rallying and have been popular amongst the trading community for a few months now. The multiple benefits that the sugar industry are now realising from the producing sugar are being discovered at large by the general investing commmunity. Sugar Industry has been stable for the last few years and now looks for a rerating due the following reasons:

1. Both the buying (raw material sugance) price and selling price (sugar) are fixed by the govt, providing a stable margin for sugar companies to work with. This eliminates unplesant surprises of lower sugar prices.
2. Sugarcane produces molases which can be further used to produce ethanol and alcohol. Both of which can add additional revenue for the industry.
3. The bagasse the left over of sugar cane can be used to generate power. The left over bagasse is able to generate more power than what is required by sugar companies so they are able to sell excess power for more revenue.

In the past one year sugar companies have delivered excellent returns and looks good for more. Renuka Sugars have given a fresh breakout on the weekly chart after a 8 - 10 month long consolidation with a substantial increase in volume. If market remains favorable we can expect Renuka to continue to do well in the coming months.

PS: This is a weekly chart so the investment horizon should be 6 to 12 months. Exit when the stock price gives a close below the 20Week EMA. you can track the performance and update for all active published ideas here .


https://in.tradingview.com/chart/RENUKA/...aking-Out/

Intraday crude oil

Intraday crude oil - preparation for the big movement
We do not have any SEBI registered analysis. This is for educational purposes only. This is our opinion and we do not advise you to buy or sell. Be sure to consult your financial advisor before investing your money. We are not responsible for your profit or loss.

https://in.tradingview.com/chart/CRUDEOI...crude-oil/

JAIN IRRIGATION : MULTIBAGGER STOCK

NSE:JISLJALEQS

#GOOD_TO_KNOW

#FRESHVIEW (DT 14.05.2021)

#JAIN_IRRIGATION CMP 19+

LEAST SUPPORT 3
RESISTANCE 20
MONTHLY CHART
IF RESISTANCE BREAK
MULTIBAGGER STOCK

CHART FOR EDUCATION PURPOSE

HOPE FOR THE BEST
STAY CONNECTED


https://in.tradingview.com/chart/JISLJAL...GER-STOCK/

BANK NIFTY

Important levels for 14-05-2021.
The prices tried to move higher at the start of the last session but were rejected from the previous day's VAL and price being accepted well under gives us an indication that a up move is highly unlikely to happen.
32670 zones will act as immediate resistance and shorting near these levels will be great for a target of 32120 levels.
Safely we can add more quantity once 32450 is broken.

https://in.tradingview.com/chart/BANKNIF...ANK-NIFTY/

Voltas - buy on every dip

Base around 963
buy from cmp to 962
easy target 1080

Buy on every dip
Disclaimer : This is my personal analysis for study purpose not intended for trading

https://in.tradingview.com/chart/VOLTAS/...every-dip/

Natural Gas Intraday Support - Resistance Levels For 13/05/2021

Intra Day Suppoet (1) for 13/05/2021 217.60

Intra Day Support (2) for 13/05/2021 216.50

Intra Day Support (3)for 13/05/2021 215.90

Trading Range for 13/05/2021 is 214-219

https://in.tradingview.com/chart/NATURAL...3-05-2021/

Break out with huge volume 20 % upside possible

Break out with huge volume 20% upside possible from CMP in 15 to 20 trading days 10%stop loss from CMP

https://in.tradingview.com/chart/AVANTIF...-possible/

nifty intraday setup

We can go for long only after trend line resistance breakout for target of important resistance

we can go for short after yester day low breaked.

https://in.tradingview.com/chart/NIFTY1!...day-setup/

BEL: POSITIONAL SETUP #CUP&HANDLE.

NSE:BEL
$ Positional trade

$ chart is self-explanatory.

$ big cup and small handle formation on the chart.
- usually, a big cup with a small handle outperform
- aim for 1st target of 190.

Not a Trade Advice or Recommendation.
Do your analysis or Consult your Advisor.

https://in.tradingview.com/chart/BEL/9N3...UP-HANDLE/

Head and shoulder pattern

Watch for the break out

https://in.tradingview.com/chart/GOLDM1!...r-pattern/