These smallcap stocks should be on your watchlist for Tuesday, November 9!
Last Updated: 8th November 2021 - 04:33 pm
The markets rallied on Monday with BSE Sensex gaining by 477 points. The BSE Midcap index outperformed the BSE Sensex while the BSE Smallcap index performed in line with the frontline indices.
Several stocks managed to outperform the markets on Monday.
The BSE Consumer Durables index was the top-performing sectoral index, up by more than 2% on Monday assisted by the gains of Whirlpool of India, Titan and Orient Electric.
The BSE Bankex managed to close in red on Monday.
These stocks will be in limelight on Tuesday and need to be on the watchlist of the investors:
Price Volume Breakout: Commercial Syn Bags, Swarnasarita Gems, APM Industries, Barbeque Nation, POCL Enterprises, Atishay Ltd, B N Rathi Securities, Salzer Electronics and Indian Acrylics are some of the smallcap stocks that saw a price volume breakout in the Monday trading session. These smallcap stocks will be in focus on Tuesday.
Upper Circuit Stocks: The shares of Allied Digital, Gokul Agro Resources, Navkar Corp, Hilton Metal, Digjam, Axiscades Engineering, VIP Clothing, Atlanta Ltd and Everest Kanto were seen locked in the upper circuit in the Monday trading session. These shares will be in limelight on Tuesday.
White Marubozu Candlestick Chart Pattern: The shares of RS Software, Rishi Techtex and Tiger Logistics were seen trending higher on Monday. A White Marubozu Candlestick Chart pattern was formed in these counters which indicates buying interest. These stocks managed to close at their days' high prices which indicates positive closing. These trending small caps will be in focus on Tuesday.
Bullish Engulfing Pattern: A bullish engulfing chart pattern was formed in Oriental Rail Infrastructure, KG Petrochem, Alufluoride, Metroglobal, Deep Polymers and Aakash Exploration Services. These stocks will be in focus on Tuesday.
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