These smallcap stocks witnessed strong technical breakout on February 9; do you own any?

Smallcap stocks with a potential to turn multibagger in future attract many market participants

The broader market closed on a flat note but stock specific action was witnessed in good quality Smallcap stocks.  Generally, Smallcap stocks with a potential to turn multibagger in future attract many market participants. Meanwhile, shares of these Smallcap stocks experienced strong technical breakout on the chart on February 9. The technical breakout is a strong indication of further upside in these stocks. Keep an eye on the following stocks in the upcoming trading session:  

Kabra ExtrusionTechnik: This fundamentally-strong stock has registered a strong breakout from its 56-week cup and handle pattern with huge volumes. It rose nearly 6 per cent on Thursday and marked a fresh all-time high. All the moving averages are in an uptrend and indicate bullishness across all timeframes. We can expect a good upside given the strong technical breakout. 

Sky Gold: The precious metals-stock witnessed a strong price volume breakout as it soared over 8 per cent during Thursday’s trading session. With this, it has marked a fresh all-time high level of Rs 340.95 level on BSE. The volumes have been good lately and the positive price action is attractive too for trading. The technical parameters indicate strong bullishness and the stock is expected to trend higher in upcoming trading sessions.   

The Anup Engineering: The stock has registered a breakout from its 6-day consolidation to hit a fresh 52-week high level. It has surged over 5 per cent, backed by above average volume. The volume is found to be greater than 30-day average volume. Also, the stock has formed a higher high and higher low on the technical chart, which adds to the positivity. We can expect strong momentum in times to come.