Nifty Small Cap 100 Index
Bullish Head & Shoulder Pattern Breakout Today
Now its time for Small Cap Stocks to Run the Rally.
these are potential Small cap stock.
#1. Dividend paying company.
#2. significant Margin Growth.
#3. Prior Election Extra ordinary fundamentals:
Infrastructure need Cement.
Collecting Vote in favour needs more Infra projects.
Major Party in Ruling Govt. has much more Strength in North India (now also in East India).
Star Cement has More Base in North, East India.
Mircele has given a breakout on weekly chart out of triangle.Ready for upmove with 1st target of 30-31.
It is intresting watch out as if it give close around same levl on 31st july a monthly MACd buy will be triggerred.
On monthly chart there is a trendline form levels of 80 in year 2000 will be broken once it start trading abv 20.
52wk high 22.55 will be first...
It has been observed that GNA Axels has broken the Ascending Triangle with very good volume.. The stock may gain further momentum and can breach its 52 week high which is 278. The next target in GNA Axels would be 310....
This on request from Avoudhut2411 . The Smallcap Index seems to have moved up in clear 5 waves. We cannot be completely sure that wave 5 is complete but the index is ripe for a correction at a larger degree. Any comments ?