Shree Renuka Sugars – Base Formation with Upside Potential

has built a strong base in the 26-28 range and faces short-term resistance near 32.30. Today's bullish candle indicates a potential uptrend with a breakout above 33 likely targeting 35-36. A stop loss near 30 is advisable to manage risk. The stock is showing signs of returning momentum, aligned with the sugar sector theme, making holding the position an attractive option.