Afzal Lokhandwala: CRL breaks out of recent highs and gains over 9 percent

Afzal Lokhandwala: CRL breaks out of recent highs and gains over 9 percent
CRL rallies over 9 percent on breakout

Shares of CRL broke out of their recent highs and finished up more than 9 percent in the latest session. Afzal Lokhandwala, a market commentator and trader, noted that the stock had been on his focus list a week earlier and discussed it in a club meeting on October 19. Lokhandwala said that price and volume action reflected the breakout, with traders now buying.

Lokhandwala has recently commented on other market moves, including noting when EMIL fell below the stop at 187 amid weak conditions. He has also stated that index charts remain soft and he is holding existing positions. Previous discussions have included mention of BHEL as his preferred liquid stock.

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