Small caps – Technical view:: Smartlink, OK Play, MIC Electronics, Madhav Marbles

Quotes with Resistance & Support

Market Information

Small caps – Technical view:: Smartlink, OK Play, MIC Electronics, Madhav Marbles

Posted on: October 7th, 2012 at 2:05 pm

With large caps and midcaps rallied in last few days, its likely small caps catch up soon.

Smartlink Networks: Smartlink networks has been moving in a small range of 45-52 since long. Has not managed to cross 55 since July’ 11. Once it manages to close above 55, it can head upto 63-65 levels. Has good support near 46-47 levels.

smartlink-network-systems

Ok Play: It started correction from levels of 38 in July 2010 and saw levels of 8 in Jan’12. Now stock has started witnessing some buying interest come in. Has support at 17-18 levels. Resistance is at 20 levels. Above this can head upto 25-26 levels.

ok-play

MIC Electronics: Technically stock has started witnessing some buying interest now. Faces resistance at 6. Once manages to cross it, can head upto 8.50-9 in short term. Support is at 4.5-4.8

mic-electronics

Madhav Marbles and Granites It has been moving in a range of 16-22 since almost Jan 2011. Hopefully will breakout soon. One can look to enter if closes above 22. Above this can head upto 27-28

madhav-marbles-and-granites

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4 Responses

{ ADD YOUR OWN }

kd singh Says:
October 8th, 2012
Posted at: 1:02 pm
buyed cipla at 372.5 what i should do
CB Says:
October 8th, 2012
Posted at: 5:58 pm
Hi kd singh, technically it does look good. hold it. can see 390 in short term.
chait Says:
October 10th, 2012
Posted at: 8:45 am
Good morning CB. As per you technicals Madhav Marbles has touched 22.5 yesterday. Is it good to buy now?
sima Says:
October 10th, 2012
Posted at: 8:42 pm
tgt and sl for voltas, lic and auro.pharma please.