Sudarshan Sukhani, Technical Trends is of the view that sugar is an attractive idea for short-term traders.
Sukhani told CNBC-TV18, "Even if sugar stocks are not looking right for the long-term, we have seen a very big decline and the first signs that the decline at least in the short-term may be over. So there is a suggestion that you should explore the possibility of buying sugar, obviously keep a stoploss. But still I think it is an attractive idea for short-term traders at least."