Gaurav Bissa says: “ Midcaps and smallcaps can see another 20-25% upside and may surpass that as well. These are buy-on declines and they are not very far off from breakout. From the lower point, we have seen a 50% upside. But 10-year, 12-year breakouts seen on monthly charts give you an additional leg of confidence that in this rally will not fizzle out very soon”.
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