Technical Breakout Stocks: How to trade Borosil Renewables, Lemon Tree Hotels and Cipla on Wednesday

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Key Points

Sharp selloff was also seen in the small & midcap spaces, which plunged nearly 3% each.ETMarkets.com..

"We have seen good profit-booking in the Nifty Midcap Index today (Tuesday), for traders we would advise a wait-and-watch strategy for this week as monthly expiry is on 25th January and we have a budget session lined up on 1st of February," said Ankit Choudhary co-founder, Financial Independence Services...

Stocks that were in focus on Tuesday included names like Borosil Renewables, which was up more than 11% to hit a fresh 52-week high, Cipla which gained over 7% to hit an all-time high and Lemon Tree Hotels which rose over 3% to hit a fresh record high...

We have collated a list of three stocks that either hit a fresh 52-week high, or an all-time high or saw a volume or a price breakout...

It will be a good opportunity for investors to buy this stock for around Rs 125 with a stop loss of Rs 99 and a long-term target of Rs 175...

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