Indoco Remedies looks very promising, here or above 70/-

 Indoco Remedies above looks very promising in terms of an upwards breakout.

The minimum objective is a 40% markup from breakout point at 70/- which gives ~ 100/-.
Stop loss is at 54/-. Reward to risk ratio = 2.14, which is for the minimum objective.

In our view, a new uptrend will be created after the breakout, and hence this is a very good trade.

Volumes at the moment are quite less, but they'll improve after the breakout from the congestion.