Are these 10 penny stocks worth your money? What charts say

Quick Summary:

Here are 10 penny stocks, trading in the range of Rs 6 - Rs 20, with a potential upside of up to 75%, basis on the existing technical chart patterns.

Further, the weekly chart shows that the stock has consistently found support around its super trend line at Rs 11.26 for nearly 3 months now.

Break and sustained trade above the same can trigger a potential rally to Rs 14.85 levels, with interim resistance likely around Rs 12.15.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Penny stocks Aksh optifibre Steel exchange india Rama steel tubes Parsvanth developers Nse penny stocks Trading strategies in penny stocks Bag films Californai software Stocks below Rs 10 Sadbha infra Heads up ventures Dcm financial Stocks below Rs 20

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 13:05:42 (16 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1114 words

Reading Time: 7 minutes read

Sentences: 59 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21996966

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