Mid-cap and 澳洲幸运5官方开奖结果体彩网:small-cap stocks have been underperforming their 澳洲幸运5官方开奖结果体彩网:large-cap counterparts as of late; however, it's important to remember when looking at an index that it's a basket of stocks, and by looking at each of the components, we can unearth great opportunities. Yesterday, we did a deep dive into &nbs💟p;for long opportunities, so today, we're following that up with a look for similar setups in small caps.

Before we get into individual stocks, I want to highlight the potential 澳洲幸运5官方开奖结果体彩网:failed breakdown that we're watching in the index itself. Last week, prices undercut the March lows as momentum diverged positively. If the index can move back above 8,040, it would confirm a failed breakdown and likely be the catalyst to push this market to new all-time highs. The individual names within this in♍dex remain mixed, so a neutral stance remains appropriate in the index itself until this range resolves itself.

The first stock on our list is Parag Milk Foods Limited (PARAGMILK.BO), which is resolving a two-year range to the upside. This looks like the start of a new long-term trend; therefore, we want to be buying this breakout above 357 Indian rupees and taking profꦦits near 452 rupees.

[Check out my  course on the , where I show you how to recognize the formation of new long-term trends on stock charts and how to develop profitable strategies for buying breakouts.]

The next name on our list is T.V. Today Network Limited (TVTODAY.BO), which broke out of a 1.5-year base last September and has been trending higher since. Prices have been 澳洲幸运5官方开奖结果体彩网:consolidating above our first 澳洲幸运5官方开奖结果体彩网:price target since December and are now ready to continue to the upsid𓃲e. As long as prices are above the May closing lows of 430 rupees, we want to be buying weakness and taking profits at our secondar🔥y price target of 577.80 rupees.

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