Special Situation Stocks & High-Conviction Picks | CapitalKeeper’s Conviction Radar – 19 June Week 3
By CapitalKeeper | Top Intraday Stock | Smart Trading Starts Here I 19th June
This week’s CapitalKeeper Special highlights undervalued, breakout-ready, and high-conviction stocks you may want to keep a very close watch on. These aren’t your typical momentum picks—they fall under the category of “special situations” — where price, structure, and sentiment align for potential explosive moves.
Whether you’re a swing trader or a medium-term investor, the risk-reward setups below are designed to deliver asymmetric returns.
Let’s dive in.
🖥️ 1. ProStram Info (BSE) – Buy @ ₹118 | Add on Dips to ₹110
📌 Category: Special Situation – Accumulation Phase Breakout
🔹 Entry Range: ₹118 (CMP), Add more near ₹110
🔹 Stop Loss: ₹100
🔹 Targets: ₹148 / ₹172 / ₹183
📈 Why This Pick?
ProStram is emerging from a multi-month accumulation base with bullish price action and sharp delivery-based buying. A fresh breakout above ₹120 could set the stage for a technical rally toward previous swing highs.
🔧 Technical Setup:
- Rounded Bottom Structure on Weekly
- MACD: Turning upward
- Volume: Spike in past 3 sessions – early signs of smart money entry
💡 Positional play – best entered in tranches. Ideal for patient investors looking for multibagger setups.
🏦 2. Fusion Microfinance (CMP ₹192)
📌 Category: Special Situation – Turnaround Play
🔹 Stop Loss: ₹170
🔹 Targets: ₹250 / ₹290
📈 Conviction Call:
Fusion Microfinance has been building base near 180–190 levels and recently posted signs of strong delivery volumes. Price is beginning to form higher lows, suggesting institutional accumulation ahead of results and regulatory clarity.
🔧 Technical Setup:
- MACD Crossover Confirmed
- RSI: 57 – room to run
- Chart Pattern: Falling wedge breakout under formation
💡 Mid-term breakout candidate. Keep watch on ₹198–₹200 for directional confirmation.
🎨 3. Shalimar Paints (CMP ₹96)
📌 Category: Very High Conviction – Explosive Upside Potential
🔹 Stop Loss: ₹80
🔹 Targets: ₹150 / ₹200
🔹 Expected Trigger: 15–20% Upper Circuit Likely 🔥
📈 Why This is HOT:
Shalimar Paints has seen unusual volume activity, massive delivery spike, and price forming multi-year reversal structure. A close above ₹100 could trigger upper circuits and momentum buying.
🔧 Technical View:
- Flag breakout on weekly
- RSI: 68 and rising
- MACD: Fresh breakout level
💡 This stock is a low-float, operator-backed special—ideal for swing traders with appetite for volatility. High risk, high reward.
💊 4. Lyka Labs (CMP ₹112, BSE)
📌 Category: Special Situation – Pharma Turnaround Candidate
🔹 Stop Loss: ₹98
🔹 Targets: ₹150 / ₹160
📈 Why It Matters:
Lyka Labs is showing a reversal from the pharma mid-cap carnage, bouncing off a strong base. Chart structure is mirroring prior cycles that led to 50–100% rallies.
🔧 Indicators:
- RSI: 62 – breakout pending
- Price Action: Forming inverted head & shoulder
- Volumes: Spiking on green days
💡 Strong view for coming days. Watch for ₹115+ breakout with follow-through.
📊 Index Trade Idea: NIFTY 24800 CE (Risky Trade)
📌 Strike: 24800 CE
📌 Buy Above: ₹40
📌 Stop Loss: ₹25
📌 Targets: ₹60 / ₹75 / ₹90
📈 Why It’s on Radar:
- Nifty forming tight bull flag around 24700
- Intraday breakout from trendline above 24820 spot can lead to intraday CE spike
- Heavy call writing above 25000 makes this a quick breakout trade, not positional
💡 Risky but high-reward option play. Use strict SL and watch for breakout confirmation.
🧭 Summary Table
| Stock/Asset | CMP | Category | Entry Range | SL | Target(s) |
|---|---|---|---|---|---|
| ProStram Info | ₹118 | Special Sit – Accumulation | ₹118 / ₹110 | ₹100 | ₹148 / ₹172 / ₹183 |
| Fusion Microfinance | ₹192 | Special Sit – Turnaround | Current | ₹170 | ₹250 / ₹290 |
| Shalimar Paints | ₹96 | Very High Conviction | Current | ₹80 | ₹150 / ₹200 |
| Lyka Labs | ₹112 | Special Sit – Pharma Play | Current | ₹98 | ₹150 / ₹160 |
| Nifty 24800 CE | — | Index Option – Risky | Above ₹40 | ₹25 | ₹60 / ₹75 / ₹90 |
⚠️ CapitalKeeper Risk Reminder:
- 🚫 Avoid averaging down in high-volatility stocks
- ✅ Always respect stop-loss in low-float stocks like Shalimar Paints
- ⚡ Intraday option trades must be watched LIVE – avoid blind holding
- 💼 Special situation plays demand patience & partial booking
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