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B. Krishnakumar

Dhampur Sugar (Rs 53.8): After a period of consolidation, the stock staged a breakout on Friday on the back of huge volumes. The stock appears to set for the next leg of upward move. The target for the stock is the Rs 68-70 range. The positive view would be negated on a drop below Rs 46. Hold with a stop-loss at Rs 46; fresh purchases may also be considered with a stop-loss at Rs 46.

Tata Coffee (Rs 269.3): The outlook for the stock is bullish. A move to the Rs 305-310 range appears likely. The positive view is also reinforced by the bullish outlook for coffee. Hold with a stop-loss at Rs 240. Fresh buying may also be considered with a stop-loss at Rs 240.

Follow-up

Hindustan Lever (Rs 144.6): The stock ruled firm as anticipated last week. The outlook remains bullish. The stock appears on course to move to target zone of Rs 152-155. Hold with a stop-loss at Rs 127. Fresh buying may also be considered with a stop-loss at Rs 129. A drop below Rs 127 would negate the positive outlook.

Tata Tea (Rs 454.2): The stock was confined to a relatively narrow trading zone last week. The earlier view of a move to the Rs 485-490 range is unchanged. The stock appears to be gearing up for the next leg of the upward move. Long-term investors may use price dips to add the stock in their portfolio. The stop-loss for long positions may be placed at Rs 435.

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