Bull Run Expected After Diwali !!

ankurpcl

Active Member
#1
Hi All,

Today I have seen very good increase in price of penny stocks. Some of the penny stocks that gained momentum during last bull run has shown good volume and at the same time increase in their respective prices.

But chances are 50-50 !!

Wishing every one good luck and lots of good wishes for Diwali!!

Regards,
Ankur
 

alokdaga

Active Member
#2
ankurpcl said:
Hi All,

Today I have seen very good increase in price of penny stocks. Some of the penny stocks that gained momentum during last bull run has shown good volume and at the same time increase in their respective prices.

But chances are 50-50 !!

Wishing every one good luck and lots of good wishes for Diwali!!

Regards,
Ankur
Are penny stocks worth considering now without good fundamentals??

Alok
 
#3
ankurpcl said:
Hi All,

Today I have seen very good increase in price of penny stocks. Some of the penny stocks that gained momentum during last bull run has shown good volume and at the same time increase in their respective prices.

But chances are 50-50 !!

Wishing every one good luck and lots of good wishes for Diwali!!

Regards,
Ankur
Hi Ankur,

Wishing you a very Happy Diwali as well.........:)

Not sure about the trading in penny stks though or the bull run after Diwali......maybe a bounce,maybe a strong bounce even........anyway to each his own.All of us with our differing views make up the market.

Saint
 
#4
alokdaga said:
Are penny stocks worth considering now without good fundamentals??

Alok
Hi Alok,

From a fundamental angle,as you have yourself correctly stated,definitely not a good idea.Neither from a technical take.So,in short from a trading take,don't consider the penny stk...........maybe only from a gambling take.

Be very careful.....if I were you,I'd stay away from the penny stks.

Saint
 

alokdaga

Active Member
#5
saint said:
Hi Alok,

From a fundamental angle,as you have yourself correctly stated,definitely not a good idea.Neither from a technical take.So,in short from a trading take,don't consider the penny stk...........maybe only from a gambling take.

Be very careful.....if I were you,I'd stay away from the penny stks.

Saint
Thanks for your everhelping advice - Saint !

Alok
 

ankurpcl

Active Member
#6
Hi All,

My Call for bull run after Diwali proved up to certain extent correct.
We have seen good FII Buying in this week.

Expected Target for sensex would be 9000 before we see any healthy correction but lot more depends on the how sensex proceeds from nowon.

A close above 8350 might cause other pull back rally.

As far as penny stocks are concerned, I think i have made an entry in them
well in them and having profits of around 30% in last 7 trading sessions.

But i have one doubt regarding penny stocks, if they are increasing on average of 4-5 % everyday then why volume in them is just in lakhs or sometimes even less than that but it has to be at least in million as their
value is less than Rs 2 and one can expect good return from them if he made
an entry well on time.

Senior views regarding penny stocks would be invited.

Regards,
Ankur
 
#7
Hi.

Could you advise me as to people that you know that have an interest in investing in Physical Commodities such as Gold, Silver, Palladium etc..

Please look at www.capitalasset.com

If you can advise of a suitable email address i can send you some more information

regards

Rajesh Parmar
 

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