Overnight Digest: These Small Cap and Mid Cap stocks will be in focus on Thursday
The frontline indices witnessed some profit booking at the life highs on Wednesday. The Realty stocks outperformed even as the BSE MidCap Index and BSE SmallCap Index outperformed the frontline indices. BSE MidCap Index was up by over 0.9 per cent while BSE SmallCap Index gained by 0.22 per cent on Wednesday.
Following Midcaps and Smallcaps will be in focus on Thursday:
Voltas: A bullish long candle was formed in Voltas on Wednesday. The stock gained by more than 5 per cent on closing basis. Voltas managed to close at its high point of the day. A bullish crossover was seen in Voltas with the share price trading above its 30D EMA on Wednesday. Voltas, a mid-cap buzzer on Wednesday will be in focus on Thursday.
Trident: The share price of Trident jumped higher by ~5 per cent on Wednesday. The stock was locked in upper circuit on Wednesday. Trident will be in focus on Thursday.
Zen Technologies: The share price of Zen Technologies gained by more than 19 per cent on Wednesday. The stock is trending ever since the government relaxed rules pertaining to Drones policy. The stock gained after its declared in its regulatory filing about the increase in size of order book. The stock will be in limelight on Thursday.
52 Week high: Krishana Phoschem, CAMS, Balaji Amines, Aptech, Globus Spirits,Ajmera Realty and Banco products were all seen trading at fresh 52 week highs on Wednesday. These stocks will be in focus on Thursday.
Price Volume Breakout: The share price of RPG Life managed to give a breakout from its key resistance level on Wednesday. The shares of RPG shut shop on Wednesday at all time high, if we consider the price action on closing basis. RPG Life will be in focus on Thursday.