Shree Renuka Sugars has target of Rs 43, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, " Tata Power is one of the better buying opportunities for the day. So it has a very decent target also - Rs 116, maybe a little more than that. The stops are tight enough to justify a day trade here. The stock seems to be one of the better power stocks also."
He further added, "Shree Renuka is good. Sugar stocks are moving up. They went through a very brief correction couple of days ago. It's not only that the chart is good, the sugar stocks are good. They have built very decent bases and are coming out of that. So it's a target of Rs 43 for Renuka."
