In the last updates had mentioned to shift from penny stocks and underperforming ones to sugar stocks.
All the recommended sugars did a move of 8-15% in quicker time. Maintain the medium term outlook on the sector with a view to re-enter qty sold at current levels. Have advised booking half quantity.
United Phosphorous hit a small stop whereas bindal agro did the targets.
Stocks to watchout for:
Hindalco could do a sharp move to 245 + if stays above 228.