Overall Technical outlook

Price Summary

Shree Renuka Sugars Limited's stock opened at 33.4 on 2025-06-13, surged to 33.68, dropped to 32.69, and ended -0.45% down at 33.25, with 5443239 shares traded.
The stock reached its highest price of 54.47 and lowest price of 26.12 over the last 52 weeks.

Technicals

Support and Resistance: The price is currently at 33.25, supported by 30.3 and resisted by 34.47. This indicates a range where 30.3 may provide a base for the price, while 34.47 serves as a cap on further upward movement for RENUKA.
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Support/Resistance for RENUKA


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Aroon chart for Shree Renuka Sugars Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Bolinger Bands chart for Shree Renuka Sugars Limited


Parabolic SAR: The PSAR has shifted direction from bullish to bearish, indicating a possible trend change. If this reversal is confirmed by other indicators, it could signal a strong bearish trend. Investors should consider this as a warning sign and watch for further confirmation before making any moves.
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Parabolic Stop and Reverse chart for Shree Renuka Sugars Limited


Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Stochastic chart for Shree Renuka Sugars Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for RENUKA, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Tripple SMA chart for Shree Renuka Sugars Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.