Techs in the Making of Sugar Stocks!

The roll over is good for Sep-07 and the Nifty crossed 4350 comfortably and maintained the up move to 4223+. (Pls. read earlier post…... In case Nifty retraces from 4365 without touching 4425-28 then the bears celebrate in advance for a deep correction). So bears have to wait for some time….
The good days are exhausted for the techs to rule the Indian Stock markets and the golden days are over to influence the Indices any more. They can invite more troubles than sweet news. The future is becoming bleak to dark as the days passes and days ahead. The future quarterly results are likely to see more foul cry on the issues that emerge continuously and likely to see their fate as the Sugar industry is enjoying now.
The time frame can be 5-6 quarters from now. The valuations enjoyed are stagnant and the future P/E ratio will be adjusted to 8-12. The more they diversify, greater the safety in running the business. The top managements have already identified the trouble and preparing to combat the imminent adversities.