How ethanol push puts sugar stocks in a sweet spot

Here is what the charts say about the shares of Honeywell Automation, ITC and TVS Motor Company
With support 103.50 and 103, the index can test 107-107.50 in the short-term
Nifty 50 June Futures (15,460): Add more shorts if the contract rallies to 15,560
Price level of ₹310 is offering good support for the contract