Techno-fundamental pick: Two Micro/ Small cap stock to buy in India 2019
1. KG Denim. Share price: 48.9. Buy Strictly above 54. Target 70 & 85. 6 months and 1 year respectively. SL 47.
2. KMC Speciality. Share price: 15.42. Buy strictly above 17. Target 22 & 27. 6 months and 1 year respectively. SL 14.2.
Both stocks are technically well placed and fundamentally good to buy above suggested prices.
Upside potential 55-60% in a year.
Since stocks are micro cap. Kindly hold each stock less than 3% of your portfolio worth. Also kindly strictly sell on Stoploss prices.
I am Admin, Gale.in. I am into investing and trading for last 7 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at email@example.com for stock queries. Have a wonderful time at Gale.in.