Technical Charts – Jyoti Structures, ADSL and Smartlink Network Systems

 

Just posting a few charts on small cap names which can be high rish high returns. There are many more such charts but difficult to update.

 

Disclsoure: Have investments in the stocks discussed below as well as advised to clients. Please do your own research as smallcaps can be risky if not taken with strict stops and risk management.

 

Smartlink

 

Smartlink – One stock which have been holding for almost a year now with no major returns but continue to hold it with the cash on books on the stock. Finally seems it might breakout above 55. Can do a quick move to 65

 

ADSL

 

ADSL – It was once on the radars of every broking house at 250. After the governance issue and lots of scam etc it has collapsed. Right now looking at a pure technical view and a gamble on the stock.

 

 

JyotiStructures

 

Jyoti Structures – Another high risk high return play but breakout is confirmed with higher volumes.

2 Comments

  1. ayesha
    July 6, 2012

    Nooresh,
    Saw you on MC. very glad you have recommended this stock. I am holding from 50 levels and had added some at 40.
    Sir do you still think this is a high risk high return or can it be termed as safe bet for 55 levels in mid term and if govt policies are good then can it be a multibagger?

    thnx

    Reply
    1. Nooresh
      July 8, 2012

      Yes very much 🙂

      Reply

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