Smallcap index is on verge of breakout with tight range consolidation in last few weeks and ema confluence ....
Hopefully in next 6-7 months ...before next Diwali ...some of the small caps can give 10x return easily ....
Do some research, share scripts ...
Eclerx services after a consolidation of 12 months has given a break out and is showing a trend reversal signal. The stock after the break out has given a 10%+ up move and in this month formed a gravestone doji from the resistance zone forming double top pattern.
Currently, the stock is trading around 1625 levels, testing the 38.2% fib levels and the support...
📊 Script: MAHINDCIE (MAHINDRA CIE AUTOMOTIVE LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY SMALL CAP / NIFTY INFRASTRUCTURE
📊 Sector: Consumer Discretionary / Automobile and Auto Components
📊 Industry: Auto Components & Equipments
Weekly Time Frame
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving...
📊 Script: ASAHIINDIA (ASAHI INDIA GLASS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY AUTO / NIFY 500 / NIFTY SMALLCAP
📊 Sector: Automobile and Auto Components
📊 Industry: Auto Components
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Crossover in Double Moving...
📈 AARTI Ind. Ltd. 📉
This Stock Broke out from a resistance zone of 900-920 which was acting as a support also Nov and Dec 2021.
Bias - Long
Target - 1022, 1107, 1156
SL - 900
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer :...
nifty small-cap continues to the bullish trend. It was taken as a support level for 4929.25. the next resistance level is a look to 5327. So the market continued to the next swing.
