Smallcaps
EDELWEISSAfter good run up and consolidation stock is again trying to break downward trending ling. It can be bought at 72 level with SL of 67.70
TEJASNETStock is in strong uptrend and consolidating since 22 days on low volume. It cab be bought at 137.50 with SL of 129.20
volume breakoutvolume breakout and retracement..
play cautiously as stock has broken strong volume candles on previous ocassions.
PRINCEPIPEThere is retest of breakout near 286 level zone. It sustains it can be bought near 290 level with SL of 272
BANCOINDIAStock is making new highs in 4 to 8 week is good candidate to buy. Buy above 150 with sl of 141. Early enrty may be made at 147 level also
QUICKHEALIT stock with good uptrend and under weekly bar consolidation with reduction in volatility by 64% and also reduction in volume. It can be bought above 178 with SL of 167.
DLINKINDIAThere is reduction in volatility by 68% and also reduction in volume. Stock is already in good uptrend and sellers are getting weaker. Seems good buying opportunity at 119 level with SL of 111.
DIAMINESQ - BUY IdeaThe company has given a price action buy signal. Though the technicals are not that strong, the fundamentals make up for it. The company has been a turnaround and performing very well.
SALZERELECAfter good run up stock is ready for second leg up. It can be bought at 131 with SL of 123
HAPPIESTMINDS - TRADE IDEAHappiestMinds has been one of the solid fundamental Small cap IT company which is poised to grow in the future. It failed to mark new highs post IPO due to its high PE valuations. After it consolidated for a few days forming a wedge pattern, it has given a good breakout. Target 1 will be the previous high and leave the rest for investment.
GMM PFAUDLERIn weekly time frame after making a Bullish Hidden Divergence near an Ichimoku Kumo it has now activated a Bullish C Clamp. It has strong support near 3600 with minor resistance at 3900. Probable upside for 4600 and then 5100. View negates below 3500
Breakout in small cap index and niftyBoth the index broke out simultaneously. Nifty has HH and HL structure, whereas small cap broke out after brief consolidation near resistance line.
CNXSMALLCAPSMALLCAP (MONTHLY):- SMALLCAP INDEX NEED TO CLOSE ABOVE 6200 THEN 7000+++ LEVEL COMES
STOPLOSS 5300 DCB
really good policy small scale companies DEAR ALL POLICY MAKER AND MARKET MAKERS,INVESTORS,FUND MANGERS
I COMPARED NZX EXCHANGE SMALLCAP AND NIFTY MID AND SMALLCAP 400
SEE STILL OUR COMPANY NOT BOOM STRONG GIVEN TO SUPPORT ALL MSME INDUSTRY MORE FUNDING POLICY EASY MAKE TO ECNOMY RECOVER
DECCAN CEMENT FOR LONGNSE:DECCANCE
FUNDAMENTALS
ROE=14.9%
ROCE=13.2%
PE<30
Reserves increasing from last three years
Fixed assets increasing from last two years
TECHNICAL
Stock gave BO above Major TL and resistance
Small cap
