Small Cap Ready for Breakout:Welplace and Sybly

Nifty has shown a good rally from low of 7921 to 8358 a rally of 437 points in 6 trading session, so nifty might take time to consolidate and small and mid caps which have under performed can do out performance in coming 2-3 weeks.

Many of the readers were asking about few small cap stocks.Here are my 2 picks




We have covered this Stock here

Stock did the target of 28 as we discussed and even exceeded the target  and currently trading at 32.

As per Classical Technical Analysis Resistance became support after breakout was done by Stock.  Now stock is trading in expanding channel suggesting prices can touch the upper end of channel.

Traders can go long above 32.5-33 for a target of 36-37 SL of 31


Sybly Industries


This Stock came on my Radar as it was covered Economic Times as Multibagger  from Textile Sector.


Stock has been trading in range of 3.6-5 for almost 3 months than gave a big breakout rallied almost 60% in 7 trading session. Now again the stock has started consolidating in range 6.4-8 so once we 8 gets broken we can again seen a move of 1.2-1.5 Rs.

Traders can go long above 7.5-8 for a target of 8.6-9 SL of 6.4

The above 2 Stocks are not investment pick  as I am not expert in Fundamental analysis but a short term pick for gain of 10-20% purely based on Technical Analysis.Please also do your own study before trading this stock and trade in small quantity.


  1. Bramesh said:


    July 5, 2016
  2. sanjay said:

    Sir, Good call on welplace.

    July 4, 2016
  3. Bramesh said:

    Yes sir plz tell me..

    July 4, 2016

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