Shree Renuka looks better: Bose

Technical Analyst, Rajat K Bose is of the view that among the sugar pack Shree Renuka Sugars is looking better.

Bose told CNBC-TV18, "Among sugar, Shree Renuka looks better on the charts whereas maybe Balrampur or Bajaj Hindustan have come close to their support levels once again. Around these levels you find a lot of people making enquiries whether they can be bought or not but if you are buying for short-term I think Renuka’s chart suggests that there could be bit more upside there. But otherwise Balrampur Chini, Bajaj Hindustan even Sakthi Sugars for that matter might be in choppy waters."