Nooresh Mirani of AMSEC told CNBC-TV18, "We like McLeod Russel (India). The stock has given a cup and handle breakout above Rs 290-292 levels. This gives us a target implication of almost Rs 330-350 in the short-term."
"One can look towards buying it at current zones with a stoploss of Rs 285 on a closing basis. So that is one interesting stock which has come up in the midcap segment for us," he said. Disclosure: He does not have personal position in the above stock.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!