Penny stocks are highly infamous amongst the active traders. People often fall for these stocks and then finally realize that these stocks are worthless. Penny stocks are gaining good ground in Indian stock market, as fresh inflows and liquidity driving the market higher and higher. After going through 1700+ stocks in NSE, we have compiled a list of penny stocks that are traded on NSE (National ... [Continue Reading]
List of Stocks trading below Rs.2 on NSE, Indian Penny Stocks
Friends here is list of penny stocks that are trading in NSE and as all the stocks are trading below Rs.2 on NSE we see very limited downside in them. Also Nifty future is continuously making higher tops and higher bottoms we see these stocks will also attract liquidity and may trade higher. So my advice will be to invest into these stocks, with maximum total investment of Rs.30,000. These stocks ... [Continue Reading]
Cigarette Manufacturer Giant: ITC is Low Beta Stock, Safe Investment in Stock Market
ITC Ltd. is India's largest cigarette manufacturer. It is one of the oldest listed company on NSE as it was listed on 23 August 1995. The stock has moved significantly in these years with lots of splits and bonus shares issued, it has made ITC one of the most valuable company in the FMCG sector. If we look at the charts of ITC stock then we see that it has made a recent all time high on 2 June ... [Continue Reading]
GAIL is in Strong Uptrend, Look for Buying Opportunities For Target as 515
GAIL (India) Ltd. being the largest gas produces in India is backed by its large gas assets. GAIL was listed on NSE on 2 April 1997. The daily chart suggests that there is some bearishness in the trend, so we are only looking for selling opportunity in this stock as long as it stays bearish, the pivot level is 440 so unless this stock closes above 440 we will be bearish. Selling GAIL futures below ... [Continue Reading]
Multibagger stock: Buy Aarti Industries Limited above 38 Long term Target 180
This stock seems to consolidates for some time, finally a breakout long trade can be entered above the 58 level only for immediate target of 72 and 84, also one must place the stop loss order below 53 level. This company is one of the oldest company listed back in 8 February 1995. Also Aarti Industries Limited has been a profit generating company for more than last 5 years. Fundamentals are also ... [Continue Reading]