SMC Global`s view on Renuka Sugars, HCC, Sintex Industries
SMC Global has come out with its report on Shree Renuka Sugars, Hindustan Construction Company (HCC) and Sintex Industries
January 10, 2012 / 14:24 IST
SMC Global has come out with its report on Shree Renuka Sugars, Hindustan Construction Company (HCC) and Sintex Industries
Shree Renuka SugarsView: Bullish
Lot size: 4000On daily chart the stock closed above its 20-DMA, it closed with bullish candle and increase in volume. Momentum oscillators are neutral to positive.
We recommend to buy January future above Rs 29 with stoploss Rs 27.50, Target: 32Hindustan Construction Company (HCC)
View: Bullish
Lot size: 8000On daily chart the stock closed above its 20-DMA, it closed with bullish candle and increase in volume. Momentum oscillators are neutral to positive. We recommend to buy Jan. future above Rs 18.50, stop loss Rs 17, Target Rs 21.50Sintex IndustriesView: Bearish
Lot size: 2000On daily chart the stock is showing weakness against the market. Momentum oscillators are neutral to negative. We recommend to sell January future below Rs 62, Stop Loss: Rs 63.50, Target Rs 59.00Bodies Corporate holding more than 50% in Indian cosDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.To read the full report click on the attachment
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