Majority Of Stocks Showing Fresh Breakouts! 5 Stocks Which Can Give Up To 8% Return

A break above 9,700 and renewed buying interest in Bank Nifty has brushed aside the concerns of June’s steep fall from the peak 9,699.

The market’s focus has turned holistic with midcap and smallcap staging rallies of 6 and 7 percent, respectively from their recent lows. Both indices are trading below the May 2017 peak.

Within these spaces, majority of stocks are showing signs of fresh breakout and follow-up buying. The stock-specific action based on spotting pockets of strength is hence an ideal approach in the current scenario.

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