Shree Renuka Sugars can test Rs 74-75: Kulkarni

Shree Renuka Sugars can test Rs 74-75, says Shardul Kulkarni of Angel Broking.

Kulkarni told CNBC-TV18, "In midcap space I would like to go long in few commodity stocks wherein I would like to go long in sugar but in sugar also specifically Shree Renuka Sugar because that is one counter wherein we see that there is a decent support level at the lower levels of around Rs 55 and make sense to go long because stock looks oversold, shows you clear divergence on the weekly charts and plus has given strong bounce when the market has bounced today."
He further added, "It