Sterlite tech is looking strong as a positional trade.
Recently, we have seen a good run in Birla cable as well which is a competitor of this company in manufacture of optical fibre cables.
Stock can be added at CMP or on dips till 155. SL is below 140 WCB.
Minimum target is 200. Above that stock can go till 235, 280 which are the fib levels as well as strong...
NSE:AKSHOPTFBR is about to give a breakout from 14 Rs. breaking Cup and Handle Pattern. it can go toward 28 being restless. keep this on your Redar for Swing trade opportunity for at least 30- 40 % Retunrn. I have added this in my portfolio when it was at 9 Rs.
HAPPY INVETING...
