Delta Corp, PVR, IDBI Bank: 5 small-cap stocks to bet this Diwali

These five small-cap stocks can rally up to 40 per cent in the medium-term, indicate charts

Samvat 2077 was extra-ordinary for the equity markets, the Smallcap index in particular out-performed the key benchmark indices with a gain of 81 per cent on the back of strong liquidity. READ MORE

Going into Samvat 2078, analysts expect stock specific activity to be a dominant factor. Here are few smallcap stocks which can see gains based on the existing chart patters:

Delta Corp Ltd (DELTACORP)
Likely target: Rs 350 and Rs 370
Upside potential:  25% to 30%

The shares of Delta Corp Ltd have conquered the significant resistance range of Rs 200 to R 230