Sugar may see some sweetness ???

Triveni has shown breakout with higher open interest. It has support at 105 and possible target could be 120-126.

On International Markets Sugar futures are surging up as adverse weather in Brazil may affect the production . We also updated it on our last post.

You can read about it by visiting the following links:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aUaxSdgjFDUc

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=avvVpQlj9fZw

Nifty is still in range . Its best not to trade Index futures at this juncture.

Bio con is on our radar with support at 270 and resistances at 290-298.Its has three down days and has taken support at 20 DMa. Health Care sector has good moves on Monday . Therefore, sectoral tailwind may also give Bio con some upward thrust.