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]
Midcap Multibagger Stocks: Fundamentally and Technically Strong Stock: 3MINDIA, target 4545
3M India Limited was listed on 7 February 1995 on NSE, the stock price was then about Rs.165 per share. Since then the stocks of this company has given extraordinary returns. Now the stock trades at Rs.3950 per share, this stock has been an out performer in all type of market conditions. Also the company is fundamentally sound, when we look at the technical levels we see the stock trade above the ... [Continue Reading]