Small Cap Coverage – Subex Systems / Mirc Electronics

Subex Systems :

The stock has made an interesting turnaround on weekly charts.

The stock should do 80 in medium term. Accumulate on every dip stoploss below 56.

Disclosure: Recommended at 57-59 to clients.

Subex

Mirc Electronics:

There is a huge difference in valuations for this company compared to its peers if one does a one to one comparison. Expect a re-rating of the stock in next 6mths to 1 yr.

Technically one should buy in the range of 28-25 slowly or on closing above 31.5

Target would be 40 in long term.

Disclosure: Recommended at 27-27.5 booked part at 29-29.5 and holding rest to add on dips.

MircElectronics

 

TECHNICAL ANALYSIS TRAINING SESSION BANGALORE – OCT 16-17 ( 3 seats left)

 

Further plans for Hyderabad and Mangalore. Interested ppl mail to analyseindia@gmail.com with your contact details.

 

Regards,

 

Nooresh

7 Comments

  1. sanjay
    October 15, 2010

    Nooresh,

    What do you see for Alok. Volumes rising for last few days but not able to cross 23-24. I think beyond that it can run. What is your observation.

    Regards,
    Sanjay

    Reply
    1. nooresh
      October 18, 2010

      Hi Sanjay,

      Can do 23/26 in near term but would get interesting above 26 only.

      Reply
  2. Sunil
    October 15, 2010

    Hi Nooresh,

    I see a breakout happening at the upper side for Sunil Hitech Engineers. Is that correct? Is it the right time to buy?

    Thanks,
    Sunil

    Reply
    1. nooresh
      October 18, 2010

      Hi Sunil.

      I have not seen the stock of late so cant comment

      Reply
  3. rakesh jain
    October 26, 2010

    Does Dhunseri seem to be on the verge of breakout. Please clarify

    Reply
  4. Ashok
    December 22, 2010

    Dear Nooresh,
    Greetings,
    what is your view on Birla Power Solution and Wellspun Corp in very near future?

    I am very much interested in learning Technical.Can u suggest any good site or when is your next round of seminar in Mumbai?

    Thanks & regards,
    Ashok

    Reply
    1. nooresh
      December 23, 2010

      Hi Ashok,

      I have seriously negative views on Birla Power 😛 if u see from my previous articles.

      Welspun corp 150-160 is a good price provided one has patience.

      Mumbai January 8-9 call Kazim 09821237002

      Reply

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