SUGAR CARRYOVER STOCK WILL HIT SEVEN YEAR LOW :
This article has been flashed on Leading Business newspaper - BS.
This will certainly check the price fall very soon. As the countries
which are importing sugar may go for buying spree to make
inventory. So the sugar prices will not touch historical
low due to increase in consumption and inflation. Strongness of
dollor is one factor that causing the price fall of sugar in world market.
NOW it is the best time to buy agri-commodities in futures to
protect yourself from extra ordinary fluctuations.
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For intra-day in equity, BUY RENUKA above 51.45 stoploss
below 49/- for target of 56.70 on 17th May 2010.
This is the only SUGAR co. which made SUPERB PROFIT
in sugar division during March ending Qr.2010.
NO MATCH FOR THIS COMPANY. So buy for delivery
also for a minimum target of Rs.72/-.
****
HAPPYING TRADING.
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