Chart Check: After 40% rally in 3 months, winning run likely to continue in this smallcap stock

Chart Check: After 40% rally in 3 months, winning run likely to continue in this smallcap stock

, part of the industrial mineral space, has rallied by about 40% in the last 3 months pushing the stock to fresh record highs in January 2023, and technical setup suggests that the rally may not be over yet. The stock which is part of the S&P BSE Smallcap index hit a record high of … Read more

Chart Check: After 30% in a month, should investors buy, sell or hold this smallcap stock?

Chart Check: After 30% in a month, should investors buy, sell or hold this smallcap stock?

, part of the capital goods sector, has rallied more than 30% in the last month to hit a fresh 52-week high in January 2023, but technical indicators suggest that the rally may not be over yet. The stock which is part of the S&P BSE Smallcap index rose from Rs 450 as on 23 … Read more

Chart Check: Value buy? This private sector bank stock could give multibagger returns in 2023

Chart Check: Value buy? This private sector bank stock could give multibagger returns in 2023

, part of the private sector banking space, might have wiped out over 90% from a 5-year time frame but managed to recoup some losses in 2022 as the stock rose by about 40% so far in 2022. Technical chart patterns suggest that the rally may not be over yet and it could well stretch … Read more

Kaynes Technology IPO kicks off: Should you subscribe to it?

Kaynes Technology IPO kicks off: Should you subscribe to it?

New Delhi: The Rs 858 crore-initial public offering (IPO) of Kaynes Technology kicked off for subscription on Thursday, November 10. The company is selling its shares in the range of Rs 559-587 apiece. Incorporated in 2008, Karnataka-based Kaynes Technology is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The issue consists of issuance of … Read more

Chart Check: This engineering & construction stock could rally 50% in next 6 months; time to buy?

Chart Check: This engineering & construction stock could rally 50% in next 6 months; time to buy?

, part of the engineering and construction products sector, hit a fresh record high in October and technical setup suggests that the rally is likely to continue. The stock hit a fresh record high of Rs 461 on 12th October and most technical indicators suggest a possible uptrend to continue that could take the stock … Read more

Chart Check: 20% down from January highs, range breakout suggests that this IT stock could hit fresh highs

Chart Check: 20% down from January highs, range breakout suggests that this IT stock could hit fresh highs

, part of the Indian IT sector, recouped losses and is down by about 20 per cent from its January 2022 highs. However, recent price action suggests that the stock could well retest record highs in the next 6 months. The IT stock hit a fresh high of Rs 800 on 10 January 2022 but … Read more

60% upside in 24 months? Tamilnad Bank IPO opens on Monday. Here’s what analysts said

60% upside in 24 months? Tamilnad Bank IPO opens on Monday. Here’s what analysts said

Following the dismissal of shareholder petitions by the Securities Appellate Tribunal (SAT), the road is clear for Tamilnad Mercantile Bank (TMB) to open on Monday morning. The professionally-managed private lender, which does not have any identifiable promoters, on Friday allotted 71,28,000 equity shares to 10 anchor investors and raised Rs 363.53 crore at Rs 510 … Read more

Chart Check: 30% rally in August! This smallcap telecom stock records range breakout on weekly charts; time to buy?

Chart Check: 30% rally in August! This smallcap telecom stock records range breakout on weekly charts; time to buy?

Tejas Networks, telecom and equipment space, which rallied more than 30 per cent in August 2022 to hit a fresh 52-week high of Rs 648 on August 30 recorded a range breakout on weekly charts which suggests bulls are here to stay. The smallcap stock rose from Rs 469 recorded on July 29 to Rs … Read more

Chart Check: After delivering 60% returns in a year, this PSU stock could hit fresh 52-week high in 6 months

Chart Check: After delivering 60% returns in a year, this PSU stock could hit fresh 52-week high in 6 months

Indian Bank, part of the PSU banking space, has rallied more than 60 per cent in a year and recent price action suggests that the momentum is intact which could take the stock to fresh record highs in the next 6-12 months, suggest experts. The PSU bank rose from Rs 121.50 recorded on 30 August … Read more

Chart Check: Bulls in control of this smallcap after 30% returns in a month! Time to buy or book profits?

Chart Check: Bulls in control of this smallcap after 30% returns in a month! Time to buy or book profits?

Vesuvius India, part of the capital goods industry, has rallied by about 30 per cent in a month to hit a record high in August and technical indicators suggest that the uptrend is still intact in this smallcap stock. It rose to a fresh record high of Rs 1,529 on 24 August. Short-term traders can … Read more