RANBAXY LOOKS ALL SET TO FIRE UP THE STREET. BUY WITH STOPLOSS PLACED AT 465. IF ABLE TO SUSTAIN ABOVE 480, TARGETS ARE 495 AND 530 IN SHORT TERM.

SUGAR WLL BE TOAST OF THE STREET, WHILE TEA STOCKS ARE BREWING UP A STORM!!!!

STOCKS FROM BOTH THESE SECTORS TO WATCH ARE – EID PARRY, RAJSHREE SUGARS, SAKTHI SUGARS, TRIVENI ENGG., SIMBHAOLI SUGARS, MCLEOD RUSSEL, HARRISON MALAYALAM & JAYSHREE TEA.

MARKSANS PHARMA – HAS TAKEN A STRONG BEATING IN LAST FEW TRADING SESSIONS IS READY TO STAGE A COMEBACK! BUY WITH STOPLOSS PLACED AT 232. FROM CURRENT PRICE OF 238 STOCK IS SURE TO RETRACE UPTO 270 – 275. MINOR RESISTANCE AT 253 NEEDS TO BE OVERHAULED.

REPRO – BUY WITH STOPLOSS PLACED AT 200. NEEDS TO CROSS 216 TO TURN BULLISH, MINOR RESISTANCE AT 220. NEXT TARGET WILL BE 235.

OIL EXPLORATION STOCKS ARE RIGGING UP A STORY! KEEP AN EYE ON SELAN EXPLORATION & DOLPHIN OFFSHORE FOR GAINS.

HAVE A NICE DAY!

BEST REGARDS,

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