Asahi India Glass

Investors with medium-term perspective can consider buying Asahi India Glass. the stock made a weekly gain of 20%. breaking through a significantly resistance at Rs 60 and is currently trading above its 21 and 50 day moving averages . the momentum indicators are showing sighs of optimism. we believe that the stock has potential to rally to rs 90 in the medium term. investors can buy with a target of rs 71 and rs 61 as stop.