Midcap Alert: Marico, AIA Engg, Persistent can rally up to 22%; hint charts

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Midcap Alert: Marico, AIA Engg, Persistent can rally up to 22%; hint charts - Business Standard

Quick Summary:

These 3 midcap stocks, across sectors, have witnessed a positive breakout on different key parameters, show technical charts.

Intermediate hurdles for the stock can be anticipated around ₹ 743, ₹ 770 and ₹ 807 levels. ALSO READ: Can RIL stock hit ₹ 2,000-mark post Q4 results in 12 months?

Chart suggests that the bias for this midcap IT stock is likely to remain favourable as long as the stock trades above ₹ 4,618.