SUNTECK | Trendline breakout looks good for 40%SUNTECK | Trendline breakout looks good for 40%
CMP : 377 (Dip : 360)
SL : 320
Target : 520
1:4+ risk reward setup
Smallcaps
SURYAROSHNI DAILY CHART ANALYSIS AS ON 11.01.2022SURYA ROSHNI as per daily chart analysis stock above 592 level for a target 602. Resistance 606.
Get Ready for a Blast in Smallcaps!!In the chart, the orange line shows Nifty 50's move viz a viz the Small Cap index.
Both seem to move in tandem
Nifty Has given a bullish reversal today - so I'm expecting Small caps to tag along and break the previous ATH.. already it has formed an inverse HnS of sorts!
Hold on to your seat. 2022 looks pretty interesting!
Cheers!
George
SUPRAJIT ENGINEERING DAILY CHART ANALYSIS AS ON 03.01.2022SUPRAJIT ENGINEERING as per daily chart analysis stock above 460 level for a target 465. Resistance at 470.
NSE:SARLAPOLY Descending triangle BONSE:SARLAPOLY
#NSE:SARLAPOLY Triangle BO
Reach me for any clarifications or levels...
EQUITASBNKStock has been consolidating in a range for a while now. High probability of giving a good move on either side. If breaks first level on upside then two more upside levels can be seen on charts.
Chance for multi-bagger in IT sector (Small cap)Pros :
Technical: Clear cup and handle break out, BO confirms volume.
Fundamental: Sales increased almost 150%, PAT, Net profit, ROE increased YoY.
Cons :
Debt on equity increased but < 1.
Current Ratio and Quick Ratio also decreased but > 1.
Note :
Chance are very less for pull back so need to do splitting capital allocation. (For example current level 30%, Next retracement-reversal 40% and retracement - BO 30%)
Disclaimer : Education purpose, do your own analysis before buy/sell.
VEDANTA Daily Chart Analysis 23.11.2021Vedanta As per Daily Chart Analysis as broken the resistance 348 Level and now the target 375 should be achievable. Happy Trading to All.
Skrumble Network BreakoutThis crypto has broken out with good volumes and Retested in daily candlestick chart, and may rally further. It is a small cap, so this trade is of high risk and due caution is advised.
Risk Reward Ratio - 2:1
SL placed below 200 EMA & Target near ATH.
DYOR.
BALAJI AMINES Buy Idea for LONG TERM Investors ONLYBalaji Amines has been an excellent small cap stock which had a fabulous rally. Its fundamental is also very strong and it is one among the leaders of the segment. The stock has been correcting 35% from top but keep in mind its a falling KNIFE. Hence there are no breakout yet and you can add to your portfolio ONLY if you are looking for LONG TERM (5+ Years).
NIFTY SMALL CAP 100 ShortNifty small cap100 has made a double top with a swing low ( higher low ) on daily timeframe we would see a drop in auto sector since then.
Tvs shrichakra case studyTvs shri chakra
elliot wave formation
rsi breakout
consolidation around current levels
small retracement and breakout would lead to much higher levels..
Lets see whats in store,, have marked the road map , try to decode the calculation
GRAVITA LONG FOR 260.Characteristics of chart :-
1. Flag and pole pattern.
2. Volume contraction pattern.
3. Accumulation zone.
Additional benefit of support from 20 EMA.
Stock is ready for breakout with buy levels triggering
above 212 .
Stop loss 199
Target 260+
Risk:Reward - 1:3.8
Shivalik Bimetal Controls Ltd. - Bullish FlagSBCL is forming a bullish flag in the chart. Can keep closing below the base of the flag as stoploss.
It is a smallcap company, so high risk is involved.
Microcap Textile Stock breakout post consolidation - PioneerEmmbPioneer EMB is attempting a breakout post consolidation of few weeks. Looking good for strong upside given the tailwinds in the Textile sector. Possibly could even double from current levels
GNFC | Strong fundamental company | Consolidated till 200EMACMP-327
SL- 309 (close)
Target- 400
30/8/21
- On crucial 200EMA support
- After breakout good consolidation occurred
- Closing above 333, can add more
-Trendline + Support + 200 EMA confluence
- Strong fundamental company
- Delivery Volumes have been have been impressive
- RSI divergence can be seen on 4H tf
BDL Swing CandidateBDL
Buy - Above 380
Sl - 360
Target -420 440 460
Keep Position Size Under Control
CAN SMALL CAPS RECOVER FROM THE RECENT FALL? A GO-LONG IDEA. Small caps 100 index has fallen nearly 11% reaching a decisive point in its fall. The price is currently resting on or near the daily timeframe's uptrend line (support).
The RSI is also at 30.14, which indicates a over sold signal and we may see a bounce very soon. The potential reversal zone formed by ABCD pattern's 1.618 and 2 fib extension acts as a demand zone for the small caps 100 index.
Here are the 3 scenarios that could develop,
1) The index may take support from the trendline and go up. Sustaining this trendline could take it to, point B and maybe further until point D. This could shape up into a bearish shark pattern.
2) The index may break the trendline and consolidate in the demand zone. Breaking the the demand zone and passing the pullback test would trigger a massive downfall up to 8600.
3) The index may break the trendline and take support from the demand zone and rise again above the trendline. The point B would be the profit booking point for longs.
Summary:
Check the price action for some time, if the trendline breaks then wait for it to consolidate in the demand zone and rise or fall eventually. If it sustains above the trendline, you can expect the index to rise 6-12%.
The main levels for profit booking are 10300 and 10800. Strict stoploss at 9660.
As the pattern develops, we can analyze the index back again for any change in levels.
Thank you.
This is not invest advice, please consult your financial advisor before investing.
BIRLA SOFT_ High Risk RewardNSE:BSOFT
its an small cap stk. but in strong uptrend.
good High Risk Reward setup.
put SL- 390-392, and enjoy ride if not SL not hit.
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Smallcap Trading At Supportsmallcap trading at major support. Going To Buy This Dip.
It has shot up like anything, normal profit booking.
BHARAT GEARS | Accumulate near 117 - 110 levels | Fundamentally #bharatgears
- Trail SL at 117 zone on closing basis
- Trend intact till 100 level
- Trendline + resistance break around 117 zone with huge volume makes it good level to eye for a potential reversal
#investing #Nifty #smallcap #StockMarket #trading
