Small-cap engineering stock dips after giving a technical breakout. Should you buy?
New Delhi, Aug. 14 -- Ratnaveer Precision Engineering shares, with a market cap of around Rs.1,500 crore, are under the radar of market experts. The reason for this focus is the technical breakout on the weekly chart of this small-cap stock. According to technical experts, Ratnaveer Precision Engineering share price has formed a technical breakout on the weekly chart in the Rs.190- Rs.195 zone. The iron and steel metal product maker stock has been sustaining above the breakout zone, which qualifies this as an ideal 'buy-on-dips' stock for investors.
According to stock market experts, Ratnaveer Precision Engineering's share price has retraced after hitting a new 52-week high of Rs.223.75 apiece on the NSE. They advised Ratnaveer Precision...
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