Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Sugar stocks are already breaking down. I think they are best avoided."
"For the next two to three days, cement is probably going to do much better because ACC and Ambuja Cements have attractive chart patterns and India Cements is on the verge of a breakout on the upside. If the pre-open is valid, then the breakout is occurring. So, India Cements has the highest potential for gains, but ACC and Ambuja can join in," he said.
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