Breakout in PRECWIRE with volumeBreakout in PRECWIRE with volume
above 316
target 345-418
Good support at 218-188
relative strength showing in this stock against nifty
Market Cap-- ₹ 708 Cr.
Stock P/E --12.5
ROCE-- 20.4 %
ROE-- 13.1 %
Promoter holding-- 59.7 %
FII holding--0.16 %
Debt-- ₹ 29.7 Cr.
Public holding-- 40.2 %
Smallcaps
Long Term Positional opportunityPrice is nearing the bottom of the channel.
I am accumulating the stock at this level. I am expecting a smooth move to middle of the channel from this end.
That will result in 50-70% upside on the stock.
IOLCP is currently a value stock with P/E below 10 and ROCE exceeding 50%.
Debt ratios are almost negligent.
Hence, even if my bet does not play out, I am not holding a low quality stock. Fundamental seem to be sound and technical analysis suggest upside as well.
My personal analysis for you to gain some insights. Do your own analysis for investing and trading.
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
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.
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).
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.
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






















