Overall Technical outlook

Price Summary

On 2026-04-09, Shree Renuka Sugars Limited's stock started at 27.8, soared to 28.23, dropped to 27.35, and finished the day -0.97% lower at 27.53, with a trading volume of 5585022 shares.
In the last 52 weeks, the stock's top price was 34.66 and the bottom price was 0.0.

Technicals

Support and Resistance: The current price of 27.53 is supported at 26.01, with resistance at 28.27. This suggests that the price for RENUKA might remain between these levels, where 26.01 acts as a floor and 28.27 as a ceiling in the market.
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Support/Resistance for RENUKA


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Shree Renuka Sugars Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Shree Renuka Sugars Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for RENUKA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for Shree Renuka Sugars Limited


Parabolic SAR: The PSAR for RENUKA maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Shree Renuka Sugars Limited


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Stochastic chart for Shree Renuka Sugars Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages for RENUKA points to a bullish trend in the market. The slopes of these averages further indicate a mildly bullish sentiment overall. This suggests that while there is some upward momentum, the market is not expected to surge rapidly, but rather to maintain a steady and gradual rise in value over time.
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Tripple SMA chart for Shree Renuka Sugars Limited


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.