Technical analysts have suggested that day traders can purchase Renaissance Jewellery stock around Rs 103 with a strict stop loss of Rs 101. The day trading target for the day is Rs 110.
Analysts also said that the stock has enough steam to go up. If the stock markets remain on positive track, the next target for the day is Rs 119.
On Wednesday (30 Jan), the share closed at Rs 113.60 on BSE. The stock of the company has touched 52-week high of Rs 200 and low of Rs 83.6 on BSE.

Stock market analysts have suggested traders to purchase S Kumar Nationwide stock today.
According to them, the stock can be purchased around Rs 128 with a stop loss of Rs 126 to achieve an intraday target of Rs 132.
The stock could easily retest its next intraday target of about Rs 138, if the stock market remains positive.
On Wednesday (30 Jan), S Kumar stock closed at Rs 134.40 on BSE. The stock has seen a 52-week high of Rs 177.9 and a low of Rs 59.15 on BSE.