Microcap momentum portfolio

Update for entry on 24th June 2024

50 EMA (21027) > 200 EMA (18739); hence, we can continue without any change.

Based on ranking:

1. KIRLOSENG
2. KIRLOSBROS
3. JYOTICNC
4. AZAD
5. PURVA
6. IFCI
7. TECHNOE
8. RTNPOWER
9. CHOICEIN
10. KPIGREEN
11. NETWEB
12. TVSHLTD
13. GANESHHOUC
14. HERITGFOOD
15. TIMETECHNO
16. THOMASCOOK
17. ITDCEM
18. IIFLSEC
19. BASF
20. VOLTAMP
21. ASHOKA
22. WABAG
23. HGINFRA
24. JKIL
25. KESORAMIND

Based on A → Z for easy tracking:

• ASHOKA*
• AZAD*
• BASF*
• CHOICEIN
• GANESHHOUC
• HERITGFOOD
• HGINFRA
• IFCI
• IIFLSEC*
• ITDCEM
• JKIL*
• JYOTICNC
• KESORAMIND
• KIRLOSBROS
• KIRLOSENG
• KPIGREEN
• NETWEB
• PURVA
• RTNPOWER
• TECHNOE
• THOMASCOOK*
• TIMETECHNO
• TVSHLTD
• VOLTAMP
• WABAG*

Exits:
ARVIND, ASTRAMICRO, STAR and TARC make an exit.
ANANTRAJ, ELECTCAST and MOIL stay within the top 30 and hence remain.

Entries:
ASHOKA, BASF, IIFLSEC and THOMASCOOK make an entry.
JKIL and WABAG cannot enter as there is no vacancy.

AZAD is still under 6 months in the stock exchange and hence not considered. As JYOTICNC already in the pf, it is not being removed.