THREE SMALL CAP STOCK WHICH GIVE MORE THAN 50% RETURN IN NEXT 3MONTH (SEPTEMBER, OCTOBER, NOVEMBER)
GREAVES COTTON LTD:
The technical looks that the major trend is bullish, price trending to upside, chart showing sort term correction EMA 100, 200, 600 acting as support, daily charts candle have reversal hammer which showing buying pressure, gap upside in chart also indicating buying pressure, anticipation for short term upside momentum.
ADVICE: BUY PRICE:147, STOP LOSS:145, TAKE PROFIT:170, TIME SPAN:2MONTH
MRK CAP:3711cr, DEBT:0, SECTOR: Engineering Components Manufacturer
The technical looks that the major trend is bullish and in short term price trending into downside, following a downtrend three drive pattern which completed his 3rd drive and start moving to upside for bullish breakout, after breakout short term support zone will be formed at 465, the major fib 0.618% retracement zone also present at same level anticipation for bullish momentum.
ADVICE:BUY PRICE:480, STOPLOSS:460, TAKE PROFIT:595, TIME SPAN:2MONTH
MRK CAP: 1329cr, DEBT:15%, SECTOR: ENTERTAINMENT
The technical looks that in short term price trending into downside, which major support zone formed at 335, recent we have bullish breakout which short term support zone formed at 357, last closed candle formed reversal pin bar, in recent chart looks like its forming flag pattern which breakout anticipated to upside.
ADVICE: BUY PRICE:360, STOP LOSS:333, TAKE PROFIT:485, TIME: 6MONTH One month old company.
MRK CAP: 2166cr, DEBT:10%, SECTOR: Automotive manufacturer