The market is rewarding the small cap and midcap stocks. No such breakout seen in Largecap stocks. One large cap which is beginning to look attractive again is Cairn India. Those who are floowing my blog must be having it. Those who are not should accumulate the stock between 287 and 294. Stoploss is 265. Target 345.
Next stock that I would like to recommend is India Glycols. CMP is 133. Buy at CMP . Stoploss - 121. Target 160.Has broken out of a triangle.
Tea stocks are looking good. Harrison Malayalam has broken out of an ascending triangle. Buy at CMP of 139. Accumulate till 135. Stoploss for the position will be 124. Target-175-180.
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