Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "If you look at yesterday, Strides Arcolab hit the fresh new life-time high and also added open interest of more than 5-6 percent at new high territory which indicates that fresh longs are coming at higher levels.""It has crossed the previous hurdle of Rs 1,375 and made a new life-time high. I am expecting this momentum to continue as per is the breakout in the database. So, recommending to go long at current levels or in any decline with a stoploss of Rs 1,335 for the upside target towards Rs 1,440 zone," he added.
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