High Volume Penny Stocks starting uptrends

Traderji

Super Moderator
#1
High Volume Penny Stocks starting uptrends

Security Name Close StopLoss
Pennar Aluminium 7.30 5.95
Global Boards 4.18 3.73
Andhra Petrochem 15.80 14.05
Cybermate Infote 6.64 5.07
Ras Propack Lami 8.10 6.32
Goldstone Teleservices 17.40 15.00
Vashisti Detergn 14.51 12.80
Apple Finance 4.27 3.72
Trigyn Technolog 17.72 15.35
Snowcem (I) 17.35 14.85
Nath Pulp 9.84 8.06
Advik Labs 14.08 13.25
Winsom Yarns 17.80 15.20
Trijal Inds 4.15 3.40
SPBL 19.50 16.05
Choksi Imag 15.76 14.41
Galada Power & T 11.02 10.11
Cosmo Ferrites 14.62 13.81
SMR Unisoft 3.66 2.25
Phil Corpn 12.43 11.01

Please post your comments/views on fundamental or technical analysis below!
 

AMITBE

Well-Known Member
#5
Dear Traderji,
I have done a technical look-in on most of the scrips suggest by you, having omitted a couple. It has been a great learning experience looking at all the charts, if a little tedious!
This is more of a guide-line that can be copied as reference for any one here looking to invest in any of them. There are no targets suggested. Frankly that is something beyond my capacity, as most of the scrips are trending back to previous highs which are good enough targets in the short term, given the support/resistance levels suggested by me. The rest are making new highs.
Hope the members will find this useful.
Hey there creameeee, take a check on Andhra Petro below if you like.

Pennar Aluminium: On monthly charts,it sits on its five month old peak at 7.56 from which it dropped lowest to 6, which is also a very firm support. On weekly charts, the resistance comes at 8.25. The present close is a crucial level, as a lot of activity has taken place off this point. If it carries up, the first resistance could come at 8.25. and at crossing that, at 8.90. Beyond that is a free run.

Global Boards: On monthly charting todays close of 4 equals a good support of six months ago, and on weekly charts, this forms an even better support. On the same weekly chart, the resistance is at 4.45, and it did intraday high of 4.50 today. Same is true of daily charts. Lost ground today on volumes, but todays close is also a great support level. Next three supports are at 3.90, 3.80, and 3.70. Past these, expect a free fall.

Andhra Petrochem: On monthly charting, is at a free run on close today at 16.97. On weekly charts however, is just below a strong resistance at 17.40, which it did intraday today. In the daily time frame, a close past 18.50, and its free to go.

Cybermate Infote: On weekly charts, has just gone past a major support at 6.95 where it opened today. On weekly charts too, the resistance is at 7.80, and almost touched it intraday today. At passing that, the next block on daily charts is at 8.05, and past that at 8.50. Free after that.

Ras Propack: Closing 8.66 today, is close below the resistance at 8.90 on monthlies, and did 9.12 high today. Weekly charts show resistance at 9.15. On daily charts, the resistance comes at 8.95, 9.45, and past 11 is free.

Goldstone Teleservices: Closing 18.10 today, has no resistance till 21 on weeklies. On daily charts, the resistances come at 18.70, 20, and free past 21.50. Important support is at 18.30.

Vashisti Detergn: At 16.42 close today, is just a shade shy of 16.85, the highest monthly close in Dec last year, and now has a great support at 16 from weekly readings. Past 16.85, the highest is an unhindered 19.30 on daily charts.

Trigyn Technolog: Closing 18.47 today, has edged past 18.25 monthly high in January this year. Next hurdle is 19.40 from weeklies with good support at 18.20. From daily charts, past 19.65 the next stops are at 21, then 23.

Snowcem: From monthly charts, todays close at 17.86, is short of the 18.85 high in Dec last year. On weekly charts, the close today is on the nose of crucial levels, resistance or support. From the same chart the next stiff resistance is at 19. Daily readings suggest the same. All time highs are at 20, done thrice previously.

Nath Pulp: This is the third closing at 10.34 levels since Oct last year and has fallen back on the earlier occasions, looking at the monthlies. Past this, the next resistance straight away is at 12.30 on the weeklies. 10.55-10.85 are crucial to pass on daily charts, to hit the high of 12.30.

Advik Labs: At 14.42 today, again a tad short of 14.95 high on monthlies. Strong support at 13.44 from the same chart, and on weekly charts, the same 14.95 seems a big hurdle. Same with dailies, and past that, 15.50-15.80 are to be crossed. Then past 16.50, the highest is 18.

Winsom Yarns: Closing 17.10, is short of two resistance levels, first 17.95, then 18.65 on monthly charts. Weekly resistances are at 18.25 and 19.10. The same levels are the same for daily charts, with 17, then 16.75 giving support. 18.20, 18.85 then 19 are the goals.

SPBL: 23.95 was the highest monthly close end May, then a straight drop to 18.70 by end June, and on weeklies now, there is no support till 17.55. At todays closing of 19.05, sits at a week looking support level. Has several resistances in close succession on the way up to the highest ever at 27. The volumes have been very flat since third week of June.

Choksi Imag: Closing 17.33 today, has had one straight climb from 11 levels end of May going monthly, same being true of weeklies. On daily 14.80-15.10 are a consolidation period since early July, then closing 15.76 on Friday went one shot up to today. And oh, all the O H L C levels today were the same: 17.33. CIRCUIT BREAK!!!

Galada Power & T: Closing 11.39 today, another up up and away story since end Mays 6.99 closing. On weeklies, the next resistance is at 12.30 and nothing past that. 10.40 is important support. On daily charts is right on top of a critical level at close today. Next hurdle at 12.60, then at 13.15 and past that, theres nothing in the way.

Cosmo Ferrites: Strangely no data found at BSE.

Phil Corpn: Closing 12.93 today, is just under the 13.30 resistance on weekly charts with 12.20 forming good support. On the same chart, past 13.30, 14.70 is the only stop. On daily charts, 13.30 is stiff resistance, that remains till 14.50 as a series. After that lies 15.50 as the peak.

So much for now.
Thanks.
 

Traderji

Super Moderator
#6
Good work and thanks for your feedback AMITBE, creameeee, amh & devansh_god.

I did some digging around last night looking at weekly charts and have come up with a revised list of 20 stocks. These stocks could have the potential of being tomorrows multi baggers.

However we will have to all work together to narrow down this list to 5-10 stocks so I would request all members to post the fundamental and/or technical views on the following stocks...

I have listed the stocks in descending order of their average volumes.

Security Name Close Stop Loss
Central (I) Poly 13.20 8.00
TN Petro Product 29.45 23.75
FDC Ltd 49.50 41.65
Rashtriya Chem 39.40 35.00
Garware Shipping 38.90 23.00
Creative Eye 13.46 9.10
KDL Biotech 32.00 18.10
Ind Tra Deco 6.48 2.52
NELCO Ltd 48.90 38.25
Zenith Computer 34.20 23.50
Regency Ceramics 36.65 27.00
Tata Finance 36.05 31.65
Cinevistaas 48.95 34.60
Welspun Syntex 10.23 7.70
Hyderabad Flexte 11.46 4.88
Synergy Log-In 20.18 10.00
Mittal Securitie 6.43 4.62
Swastika Finleas 16.02 11.25
Saya Housing 13.41 2.70
BLB Ltd 8.90 6.86
 
#7
Traderji said:
Good work and thanks for your feedback AMITBE, creameeee, amh & devansh_god.

I did some digging around last night looking at weekly charts and have come up with a revised list of 20 stocks. These stocks could have the potential of being tomorrows multi baggers.

However we will have to all work together to narrow down this list to 5-10 stocks so I would request all members to post the fundamental and/or technical views on the following stocks...

I have listed the stocks in descending order of their average volumes.

Security Name Close Stop Loss
Central (I) Poly 13.20 8.00
TN Petro Product 29.45 23.75
FDC Ltd 49.50 41.65
Rashtriya Chem 39.40 35.00
Garware Shipping 38.90 23.00
Creative Eye 13.46 9.10
KDL Biotech 32.00 18.10
Ind Tra Deco 6.48 2.52
NELCO Ltd 48.90 38.25
Zenith Computer 34.20 23.50
Regency Ceramics 36.65 27.00
Tata Finance 36.05 31.65
Cinevistaas 48.95 34.60
Welspun Syntex 10.23 7.70
Hyderabad Flexte 11.46 4.88
Synergy Log-In 20.18 10.00
Mittal Securitie 6.43 4.62
Swastika Finleas 16.02 11.25
Saya Housing 13.41 2.70
BLB Ltd 8.90 6.86
Hello Traderji,

Rashtriya Chem is trading at 49 now! That means it has gained 9% from yesterday's close!!
I haven't checked the others.

Any ideas, which one we can buy immediately!
 

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