Smallcaps
[TECHNO FUNDA PICK]DHANUKA AGRITECH LTDGood Structure observed in Dhanuka
volumes picking up in uptrend and dry up in consolidation
For momentum players
Above 956
add till 810(Fibonacci retracement level)
Weak below 610
Target 1250-1300-1400
For Long Term investing
Buy at CMP
Add on dip
and weak if close below 200 SMA
Very good Fundamentals ::--
Market Cap-- ₹ 4,218 Cr.
Stock P/E-- 20.0
ROCE-- 37.8 %
ROE-- 28.0 %
Company is almost debt free.
Mcap FF (Cr.)-- 1,054.24
Please maintain SL closing basis as this is small cap stock
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy around 71%(Please maintain your SL)
Kaveri Seeds- Multi-Year BO, Moving up in Channel, 32% UpsideNSE:KSCL
Kaveri Seeds had Breakout above Multi-Year Resistance - 700
Moving Up is Ascending Channel Pattern
Buy Range: CMP - 690 (on corrections)
CMP : 749
Tgt 1 : 890 (Upside 18%)
Tgt 2 : 995 (Upside 32%)
SL : 675
Golden Cross over in weekly charts signals Bullish Days Ahead
RSI in Bullish Zone
200 MA multibagger ideawhenever it will break out the following level, it will be growing to be a multi-bagger.
BIRLACORPN | Previous resistance is an excellent support - 50%BIRLACORPN | Previous resistance is an excellent support and looks very safe above 800. Can see 50% and plus
CMP : 860 (Dip till 800)
SL : 740
Target : 1240
1:7+ risk reward setup (from dip - if we get)
WELSPUNIND, 1D, Good for short term positionalWelspunind, has given a breakout on a daily as well as a weekly chart.
All levels are marked on the chart itself.
Looks good for short-term Positional.
PS: All analyses are for educational purposes only.
NIFTYSMALLCAPSmallcaps are at very important level.. Its time to be cautious there.. if breakout sustains then we may see good upsides...
TEXRAIL | Stock looks good for 65% upside moveTEXRAIL | Stock looks good for 65% upside move - Inverted Head & Shoulder pattern is visible
CMP : 31 (Dip till 29)
SL : 26
Target : 51
1:7+ risk reward setup
CNXSMALLCAP/NIFTYIs it time for smallcap ?.. I think yes...May not stay for long but for a week or two i think we can go long
SMSPHARMA - Buy IdeaSMSPHARMA is a budding smallcap company which is improving its fundamentals in Pharma industry. The company is sure to grow backed by strong demand in pharma sector.
HEIDELBERG - Channel Pattern - BuyHeidelberg cement is a midcap comany with a good fundamentals. However the sector and stock is a slow mover hence it will suit long term investors who are willing to add cement sector.
VIDHI - MULTIBAGGER BUYVidhi is an excellent stock in terms of fundamentals and in technicals too the stock has given a breakout. It is dealing in an evergreen sector and the stock will scale new highs.
small cap stock good for buyingStock(MRPL) making HL at resistance point with good relative strength a good candidate to go long at this price point
NIFTYMIDCAP50/CNXSMALLCAPIs it time for small cap ? it seem compare to small cap mid caps were outperforming. We may see rotation if the line is broken on downside.
DHAMPURSUGHigh was made on one month before at 17-01-2020. Since than under consolidation now spike may be seen above 179. SL can be kept at 168 levels.
