-> Suprajit Engineering is one of the best bets in the Auto Ancillary space and has given a 5-6 year cup and handle breakout which would ideally give a target price of 55 in long term but being conservative can expect 40 + in medium term.

-> Short term breakout also seen which gives us a target price of 35.

Disclosure: Recommended to clients at 30.5-31 today.

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