Friends here is a list of penny stocks that are trading in NSE and as all the stocks are trading below Rs.2 on NSE we see a 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 in these stocks, with a maximum total investment of Rs.30,000. These ... [Continue Reading]
Medium term Investment Stock: Buy Ajanta Pharma for target 486
Ajanta pharma (NSE code: AJANTPHARM), is one of the most outperforming stocks in the pharmaceutical sector. On weekly chart we have seen an excellent trading pattern, we see stock has been in uptrend and this has made us to look for only long positions. Here on the weekly chart, we have noticed a crossover on slow stochastic indicator which is a signal to buy into Ajanta Pharma stock around 390 ... [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]