Wednesday, April 1, 2009

Time to book some profits, Keep an eye on sugar stocks

SELL
Wockpharma - target for clients

We might see a small bull back in banking and real estate stocks today.

Investors can book some profits in metal stocks like Tata steel and Hindalco on an upmove today. Most of the action is likely to be limited to the speculative midcap stocks.

Tea stocks were hot yesterday and its time to take a break these stocks. Book profits in Harrison Malyalam and Jayshree Tea, as the move is not convincing. ICSA, Skumars Nationwide and Bajaj Hindustan are the stocks to watch out for the next few sessions. Finally, we don't make tea without sugar. So watch out for Sugar stocks to rally today

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