Rs 160 is a possibility in a KNR Constructions: Angel Broking

Shardul Kulkarni, senior technical analyst, Angel Broking, in a chat with ET Now talks about small cap stocks.

Are there any small cap stocks that look strong for a bit of an up move or that up move continuing in any of these Man Infra, C&C Construction, KNR Construction?

Out of the three stocks that you mentioned KNR Constructions is having the most positive chart. So I would say that from a weekly perspective also this stock looks good. It is near to its 52-week high. So I would say that yes a stock that before the market makes 52-week highs is a buy. The only concern is that the volumes they are not more than 2 lakh or 3 lakh shares. So the liquidity can be an issue in these particular counters but yes the stock looks good. Rs160 is a possibility in a KNR Constructions.