The outlook for Radico Khaitan also appears positive. The stock has done very well in the recent past, and may continue to do well. The rally is likely to be sharp above Rs 46. The trading volume have also jumped. Long positions can be taken with a stop loss of Rs 40.

Mangalam Cement is one more counter where positive move is likely. Like above two stocks, Mangalam Cement has also gone above its medium term resistance levels. One can expect a positive move on this counter. The stop loss for long position should be below Rs 23.