Stock gave a breakout from a downward falling channel. Breakout was supported by volumes.Showing first sign of reversal. Stock has no froth, no body is talking about Antony waste at the moment. You can initiate longs at CMP, expect targets of 322, 343 and 407. Small stop loss for this trade is 282, but a descent stop loss would be 270 on daily closing basis. One can choose stop loss depending on market volatility.