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Lupin, Reliance Industries: Stock picks by Ajit Mishra of Religare Broking

Stop loss: 485
Radico has gained noticeable traction in the last ten months and has doubled the investors' money in such a short period. Importantly, it's currently trading closer to its record high and has also ended the 2-year long consolidation phase of late. All indications are in favour of the prevailing buoyancy to continue. We thus suggest creating fresh longs in the given range.
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Disclaimer: Ajit Mishra is VP - Research at Religare Broking
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