These smallcap stocks should be on your watchlist for tomorrow, November 11!

resr 5paisa Research Team

Last Updated: 13th December 2022 - 05:35 pm

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The BSE Sensex slipped by more than 80 points in the Wednesday trading session even as the small caps underperformed while mid-caps underperformed. The BSE Metal index was the worst-performing index on Wednesday. BSE Smallcap index closed marginally in red slipping by 0.01% or 3 points.

These smallcap stocks should be on your watchlist for tomorrow.

Inflame Appliances: The shares of Inflame Appliances closed at record highs on Wednesday. The shares were seen locked in the upper circuit on Wednesday after gaining 5%. Inflame Appliances shares will be in focus on Thursday as the stock has managed to close above the key resistance of Rs 301 odd per share.

Jain Irrigation: Jain Irrigation will be announcing the Q2FY22 results on November 13. Ahead of its earnings, huge buying was seen in Jain Irrigation shares. The shares of Jain Irrigation were locked in the upper circuit on Wednesday. Jain Irrigation shares will be in focus on Thursday, November 11.

Reliance Chemotex: The shares of Reliance Chemotex jumped higher by more than 14% on Wednesday. The stock has gained by more than 44% in one month alone while in one week the stock is up by 18%. Reliance Chemotex is in an intermediate uptrend, making higher highs and higher lows with rising volumes. The stock of Reliance Chemotex made a record high on Wednesday and promises to be in focus, in Thursday’s trading session.

White Marubozu Candlestick Pattern: The shares of Charms Industries, Dolfin Rubbers, TCFC Finance, United Credit, Shree Dinesh Mills, Aplab Ltd, TCI Industries and Jindal Poly Investment & Finance company managed to close at its day’s high thus forming a marubozu candlestick chart pattern. These trending stocks will be in focus on Thursday.

Brightcom Group: The shares of Brightcom Group (BCG) gained 5% on Wednesday and were seen locked in the Upper Circuit. BCG will be in focus on Thursday.

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