How about the stock Renuka Sugars?

[laknar]

Hi all,

To buy stocks i need stock tips which is fundamentally strong.
can any one advise me which stock best at the moment?
is it good stock? since im watching for the past two years its giving good return to investers.
shall i buy this stock

 

[fast_rizwaan]

beware, if you buy now, you may end up losing.. there are two reasons for this:

1. Utter Pradesh High Court may rule against the Sugar companies (coming on 18th november if not postponed again) or
2. The market may go down to 2200 or lower.

And if you are an investor, renuka is indeed a good company to be in.

 

[laknar]

Hi fast_rizwaan,

Thank you, i didn't there was case against sugar companies.
any other stocks to pick now apart from large cap stocks.

Regards,
laknar

 

[laknar]

Hi All,

Shall i enter into renuka sugars now.
please advice me.

 

[laknar]

is it a good time to enter into renuka sugars.

 

[fast_rizwaan]

buy around 40-45 levels. all shares will go down if markets fall. wait till first week of december.

 

[pokrate]

Hi,
Wait for a nice 5% plus upmove on closing basis. Its giving signs of double bottom and an upmove. If that happens targets will be : 55, 60, 68, 72 .