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JK Tyre, Timken among 5 smallcap stock ideas with upto 27% upside potential

Time to buy these 5 smallcap stocks? JK Tyre, Timken India, Triveni Turbine, Can Fin Homes and Rainbow Children can potentially rally up to 27% from here, suggest technical charts.

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Smallcap stocks: JK Tyre, Timken, Triveni Turbine, Can Fin Homes and Rainbow Children look favourably placed on technical charts.

Rex Cano Mumbai

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The NSE Nifty SmallCap 250 index seems poised for further gains in the coming months following the formation of 'Golden Crossover' on the daily chart in recent trading sessions.  Historical chart shows that this was the fifth 'Golden Crossover' on the Nifty SmallCap till date; the maximum rally the SmallCap index has witnessed after this technical development is a whopping 110 per cent.  ALSO READ | This tech indicator triggered 100% rally in Nifty SmallCap; will it repeat?  Against this background, here are 5 smallcap stocks which are favourably placed on the technical charts and