Good Morning Savant...
Can u please give ur F&O view on these srcips -
DENA BANK - open int build up 36 lak shares
VIJAYA BANK - open interest build up 15 lak shares
KS OILS - cut 32 lak shares & open interest build up nearly 1.13 crore
Balraj
It is wrong time to buy sugar stocks. Few days back sugar stocks were very good buy but due to withdrawl of Ordinance By Government ( after protest by farmers & opposition ) now sugar mill owners have to bear additional cost of sugar cane. Even though Sugar prices are going up this is very bearish news for suagr mills. You must have seen today all sugar company shares were down 3 to 5% including Renuka. Hence for short term Renuka or other sugar stocks are for shorting instead of buying. Renuka has support around 219 but I donot know how long will that support hold. It is advisible to book loss.