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5 mid-cap stocks hit crucial peaks, enter next bull run; Do you own any?

These 5 mid-cap stocks may rise up to 20 per cent, as technical charts reveal positive breakouts

Markets, midcaps, cmallcaps, Budget 2017
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Mid-cap stocks are on upward breakout

Avdhut Bagkar Mumbai

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Shares of mid-cap companies like Abbott India, Linde India, Dalmia Bharat, Indraprastha Gas, and ABB India reached new 52-week high, claiming higher grounds with aggressive chart structures.

Indraprastha Gas, for instance, has risen close to 8 per cent this month, while Abbott India and Linde India have gained 3.50 per cent and 3 per cent, respectively.

All of these stocks reaching a 52-week high have established “Higher High, Higher Low” pattern, technically which is considered as a big bullish signal. Every recent decline has seen accumulation, which further encompassed the optimistic stance. 

On Monday, Abbott India, Indraprastha Gas and Dalmia