ADITYA BIRLA NUVO READ TO ROAR

The Breakout stock is Aditya Birla Nuvo.

Here’s why the Aditya Birla Nuvo stock looks attractive

As you can see in the chart above: Aditya Birla Nuvo broke out above 1026 on weekly chart in Nov 2012. A year has passed and stock has done nothing except consolidation above 50 week moving average. The stock is once again pulling back to 50 week moving average and it looks like the perfect launch pad for the stock to Multi year breakout move.
The stock is Buy as of now and will be hold as long as it holds above 1020. A break below that would lead to review. Remember, Breakout stocks deliver strong gains only when one is prepared to hold and ride the stock as long as it behaves well. 

Here’s one example of Breakout: Lupin

 We covered LUPIN when it broke past 495-510 in March 2012 and see a year and half later – stock is at 986. Breakout stocks are investment stocks and gains are made only when one is prepared to hold and ride it