Due to the less Sugar production, the minimum export quota has been removed from Sugar Mills. This is quite a relieve for the Sugar manufacturing mills like Balrampur Chini, Dhampur Sugar Mills and Bajaj Hindustan.
- Buy Balrampur Chini above: 121 Targets: 123.7 - 126.49 - 129.32 Stoploss : 118.26
- Buy Dhampur Sugar above: 102.51 Targets: 105 - 107.58 - 110.19 Stoploss : 100
America has received a big fall in Crude Inventory and Crude Stock, while in International Market Crude oil price has been hiked up to 52 Dollar. This is definitely going to benefit the oil based companies like ONGC and Cairn India.
- Buy ONGC above: 221.26 Targets: 224.88 - 228.65 - 232.44 Stoploss : 217.56
- Buy Cairn India above: 150.06 Targets: 153.06 - 156.17 - 159.31 Stoploss : 147.01
Eros International has launched the Eros Now on Apple TV. Its a big news for Eros International. The company's stock has already hiked up by 4.54% and there is chances for more gain.
- Buy Eros International above: 217.56 Targets: 221.15 - 224.88 - 228.65 Stoploss : 213.89
Central Drugs Standard Control Organization (CDSCO) has suspected the quality of anti diabetic medicines of Alkem Lab. This announcement made a negative impact on Alkem Lab's stock.
- Sell Alkem Lab below: 1387.56 Targets: 1378.95 - 1369.68 - 1360.44 Stoploss : 1396.89
America's agency US Consumer Safety Commission has lodged a petition against the Dr. Reddy's. US Consumer Safety Commission has imputed the company for the negligence in the packaging, however the company has denied all these accusation. Dr. Reddy's can be imposed with the fine of 1.5 - 3 crore dollar. Currently the company's stock is trading with the loss of 1.78%.
- Sell Dr Reddy's below: 3066.39 Targets: 3054.08 - 3040.28 - 3026.51 Stoploss : 3080.25
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