In Continuation with our Small Caps picks based on reader request for trading we found one more stock which looks ripe for rise of 10-15%. Last 2 Analysis we gave 2picks
As per Technical Analysis Bullish engulfing when stock is trading near 52 Week High is no Brainer Long and same is the scenario with Sinner Energy. Stock has been making higher highs once it broke out of 36. Also as per Elliot waves Stocks is in its 3 wave which can see rise till 62-63 in next 2 weeks.
Traders can go long in range of 57.5-58 with Strict SL of 54 For target of 61-63-65.
One important thing to note is Stock is going for stock split of 22 October so trader who do not want to wait till stock spilt can exit before 22 Oct else price will reduce by 10.
The above Stocks is 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 based on my Studies.Please also do your own study before trading this stock and trade in small quantity also be strict with Stoploss.Bramesh Bhandari and his family/associates/ analysts would have exposure in the securities mentioned in the above article.