Top Penny Stocks

Top Penny Stocks

Top penny stocks
The top penny stocks are the ones that will make you money. These are shares under $5 in the US and INR 30 in INDIA issued by companies looking to develop and grow their businesses. An ambitious capable management team whose mission is to become strong dominant players in their respective industry runs these fledgling corporations. It’s a sign that these companies are focused on increasing sales, profit and shareholder value.

Top penny stocks are about investing in companies with legitimate businesses. A good indication of the company’s honesty is whether they are up to date on their financial reporting. This shows that the company has real sales and profit. Top penny stocks emphasize investing in quality companies.

The top penny stocks generate extraordinary returns for the investor. These are shares of companies that trade below $5 in the US and INR 30 in INDIA. Companies that issue these shares are young companies that have been in existence for less than five years. The proceeds from these stock issues are used to finance expansion, advance research on proprietary technology or both. Given the brief operating history of these companies, their relatively new products and technology, investing in penny stocks can be very risky. If the right penny stock is selected, the returns to the investor can be many times over. Many of today’s major corporations had their start as a penny stock.

To improve your odds of picking that penny stock winner, here are some points to consider:

The Company Is Rapidly Growing Sales And Profit

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How to do Fundamental Analysis of Stocks?

Introduction and how to perform Fundamental Analysis of Stocks

 

Fundamental Analysis of Stocks

Fundamental Analysis of Stocks is a method which is employed to determine the value of a stock. In the fundamental analysis, the industry to which the stock is related is analyzed. Analyzing the financial statements of the corporation is the way to do. This approach usually looks at the overall health of the economy in which that industry is operating. In the fundamental analysis of stocks, there are again two approaches used to analyze the industry under study. One approach is zoomed in or top down analysis and the other is known as zoom out or bottom-up analysis. This analysis should not be mixed with technical analysis or quantitative analysis.

Fundamental Analysis of stocks is based on the assumption that markets do not reflect all the available information on the stock prices of different companies. For that matter, there must be corrected seen in each of these stocks after some time and whosoever positions himself in time would get benefit from that correction. Top down or zoom in approach mainly focuses first on the national or international economies health. Then they relate economic performance with that of the industry and then they go to the specifics of the firm under consideration. For the bottom-up method, the approach is totally inverse to that of the top-down approach. In this method, the analyst starts from the firm (no matter how small is the size of the firm) and goes up to study the industry and the economic factors that are affecting the firms’ performance.

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Excelcrop Technical analysis

NSE: EXCELCROP Technical Analysis

On 21 June 2017
CMP 1787
Last week range 1740-1800
52 W HIGH 2000
52 W LOW 1217
Monthly Range 1702-1800

EXCELCROP Technical analysisEXCELCROP Technical Analysis based on few paramters: The stock has made its highest point near 2000 level in November 2016. It’s over 6 months and the stock has become stagnant around this level in the small range of 150 points Weekly chart analysis shows that volatility term. The breakout can happen any day as Chances of volatility burst have risen. The stock is near its long-term trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is. Weekly chart analysis shows that volatility has dropped considerably in last few months.

The stock is hovering in a range-bound pattern. The breakout can happen any day as Chances of volatility burst have risen. The stock is near its long-term trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is a range-bound pattern. The breakout can happen any day as Chances of volatility burst have risen. The stock is near its long-term trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is trend line (Blue) and is expected to take a fresh support here.Breakout level on the upside is 1900 and breakdown level on the downside is around 1650. In my view, the stock should be touched only after confirmation of any of these levels.Traders can put this stock and its levels in their watchlists. Because whichever side it will break will give at least a 25-30% move in a short period of time.Technically. Traders can put this stock and its levels in their watchlists. Because whichever side it will break will give at least a 25-30% move in a short period of time.

  • Relative Strength Index (RSI): The current Value is 56 on Weekly charts.
  • MACD: The fast MA is about to come up from below on Weekly charts.
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Ethereum technical analysis

What is Ethereum?

Ethereum is a decentralized platform that runs sensible contracts.
The project was bootstrapped via Ether pre-sale throughout August 2014 by fans all around the world. It’s developed by the Ethereum Foundation, a Swiss non-profit-making, with contributions from nice minds across the world.

Ethereum trading

Ethereum as a cryptocurrency ranks number 2 in the world after the Bitcoin.Ethereum trades on most of the cryptocurrency exchanges around the world. Few of the exchanges are Poloniex, Kraken, Bitfinex, GDAX, EthexIndia etc.

Poloniex exchange keeps the biggest share of the ether market. The full variety of enactment and digital currencies listed by this exchange exceeds one hundred.

I have personally bought Ether from EthexIndia.com exchange as they offer ETH/INR order book. We can trade in INR and see prices in INR.

Ethereum technical analysis

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NSE: Vedanta Technical Analysis and technical charts

NSE: Vedanta Technical Analysis (nse: VEDL)

Weekly research report

Vedanta limited is a perfect trading stock and is part of the following indexes:

  • Nifty
  • CNXMNC
  • CNXCMMDTY
  • CNXMETAL

The stock of Vedanta ltd. was trading near 110 levels last year in June, Restructuring in the company saw an increase in promoter holding. Technically Inverse head and shoulder pattern breakout happened near 117.  The target of reversal pattern was done near 180-200 levels.

What next?

Let’s analyze Vedanta on Weekly time frame charts. The stock has been in an uptrend from 2016 and has made top near 280 levels. In the figure, we can see that stock is in a rising channel and is at the bottom trend-line support. The stock is consolidating in a triangle pattern which tells Me, The price seems to have reached a bottom, showing signs of reversal. If trendline is broken upward after a period of uncertainty or consolidation we might see stock reaching at least 280 again or more.

Vedanta bullish chart

 

Next Scenario?

Analysis started from Head and shoulders above. We have seen the bullish h&S impact. Now, let’s see the Bearish H&S. The pattern has not been confirmed yet. Although It is a high probability. Reasons for bearishness are:

  • The stock is trading below 50 days Moving Average.
  • The stock has broken long-term trend line (blue line) and is now getting ready for the next momentum.
  • On daily charts, VEDL is forming a Rising wedge (bearish pattern).
  • Price has not been able to break and close above 250 on previous 5 occasions.

 

Open image in a new tab for bigger chart

vedanta

Medium-term NSE: Vedanta Technical Analysis

Short term view?

I personally will wait for the price to decisively break the range 250-225. Few levels are mentioned below:

Short term Support at:Short term Resistance at:

229

246

Stock Price

For long position:

216

For short position:

250

 

In my personal opinion Stock is more inclined towards bearishness. Wait and watch Vedanta Ltd. to make any fresh positions.

 

Disclaimer: I do not hold any vested interest, position in the stock. All views are my studies and are not a recommendation for trade.

Best Stocks to Buy

The best stocks to buy

Are the ones that have the best likelihood of going up. These best stocks tend to be well-managed companies, have strong balance sheets, higher sales and profits. The focus of these corporations is building shareholder value. Consistent growth in profit and market share is essential. The Best stocks for investing are based on solid business fundamentals.
best stocks
The best stocks are simply investment stakes in companies that make you money steadily over time. These are stocks that won’t keep you up at night wondering whether they’ll still be in business tomorrow. Low volatility and consistent returns are what is associated with these investment gems. Management in these companies treats their employees, clients, and shareholders with honesty and respect. To find a potentially good stock, these companies tend to have these following traits: Continue reading “Best Stocks to Buy”

All about Penny Stocks

Penny Stocks

A penny stock is defined as a stock of a corporation that trades under $5.00. Penny stocks tend to be issued by young companies looking to fund their business development and growth plans. Because they are not established like blue chip corporations, penny stocks investing carries considerable risk. If a company successfully executes on its objectives, the return on investment on a penny stock can be many times over.

A penny stock is traded on various exchanges such as the Bombay Stock Exchange Small Market Cap and the National Stock Exchange. A good candidate for a penny stock investment is a company that is up to date on its financial reporting and there is good liquidity in its shares. Getting your buy or sell penny stocks order filled should not be difficult. Continue reading “All about Penny Stocks”

NSE: RCOM technical Analysis and Chart patterns

Reliance Communications Ltd: (NSE: RCOM)

RCOM Technical Analysis, Price: 20.50

It is hard to believe that the company which once revolutionized the telecom sector is on verge of collapse. The price war and Tariff’s south journey seems to have benefited only the consumers, It is the RCOM shareholders who are crying.

See Long-term chart of RCOM. Only losses and no Profits for Shareholders.

 

Rcom technical analysis

It is clearly evident that stock price will soon be in single figures. The Trend is clearly negative. The question is how much more pain is left in coming days.

Longer term view:

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Anantraj technical Analysis

Anantraj Technical Analysis

STOCK CALL 10 DEC 2012

Call: Short sell stock below 96.95, stop-loss 99.1 (closing basis), Targets 94.5-92.5
Reason: Divergence and Channel supports and resistance.

Comments: Stock has been moving in the Upward sloping channel. But we are seeing a divergence on Daily charts on RSI and Stock. Now, as we can see in the chart that the stock is retracting back from the upward line of the channel. Price has crossed/broken the previous top of the sloping channel, this is a bearish signal. Also, we have seen OBV gives a sell signal. Which makes it a strong case for selling. The stock can go and touch the lower end 92.5  may be in 2-3 days if it breaks then can even touch 86-87.

Anantraj technical Analysis

Daily stock chart of anantraj

13th Dec 2012

CALL- RESULT

Anantraj Technical Analysis was spot-on and the stock went down to hit the lower trend line. Now, at this moment generally, a question comes to a trader’s mind whether he should book the profits and get out.

I must tell you firsthand that Stock market is a place of REGRET.

How?

If you Booked now and the stock went more down further. You would regret. ” Oh! I missed the big money, I should have stayed on with my Short position”.

If you have kept this stock and it went up from here and eat your stop loss. You would say ” I should have booked it at my target value. I am not following my rules. Next time I will book it at my target price”.

So, Next time another stock you booked at pre-determined target value and you were happy that you followed your rules. Next day Stock went more down and again the same cycle of regret started.

The answer to, whether to let your profits run or book at your target varies from trader to trader and his strategy. You just need to follow any single approach and stick to it.

anantraj technical analysis result

Result of Anantraj Technical Analysis Call and its chart