Nooresh Merani of AMSEC told CNBC-TV18, "Finolex Cables is a stock which I have liked ever since Rs 55-65 zone. The stock has given huge cup and handle breakout around Rs 65 to Rs 70, which has a longer term target price of Rs 100 or even higher and any dips to Rs 70 levels would be a buying opportunity and even at current levels it is a fresh breakout."
"The stock has been in a consolidation for a very long period of time and a breakout came around Rs 65-70. So, that would be the top pick," he added.
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