HarnishBH

SMALLCAP INDEX - EXPECTED PATH

Long
HarnishBH Updated   
NSE:CNXSMALLCAP   Nifty SmallCap 100 Index
Look at previous history, I believe there is still good amount of steam left in Smallcap Index stock. I think we will see ATH in September above 12000 and we can extend upto 12500 12600 zones and then sharp fall will be expected in October/November which can be good opportunity for last leg rally towards 15000 zones...

My advice for next 2 months will be to accumulate stocks for next big leg of upside...

My Top picks at current market price or in any dips:-

Strides Pharma: 414 - Expected Target 900
United Drilling Tools: 213 - Expected Target 450 540
EPL: 196 - Expected Target 290
Aegis Logistics: 355 (Holding period 3 years) - 900 plus irrespective of what market does
Vaibhav Global: 385
Comment:
ATH today
Comment:
Vaibhav 385 to 470 in 4 days
Comment:
We are close to my first target 12500 12600...Advise to book profits near those zones and then wait patiently for 10 to 12% downmove for accumulation again...
Comment:
12700 touched today...My advise is wait for 10% correction atleast now...Dont Rush
Comment:
Strides 414 to 462
United Drilling 214 to 265
EPL 196 to 215
Vaibhav 385 to 470
Comment:
522 Strides from 414
Comment:
538 from 414 Strides
Comment:
Aegis 355 to 770

900 expected target within one year
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