I don't want to take much of your time, i'll be real quick.
this is a true story, on how I made more than 11% in penny stocks in a span of two days, with just few hours in and out of the trading hours.
Best Indian Penny Stocks of 2016
Best Indian Penny Stocks of 2016
I bought this stock called Jaiprakash Associates, on 4th i.e Wednesday, and went late in trade, bought it at 10.30 and put up with a sell limit with went to bath after 12.
Voila, it got executed, and I made 5%, pretty decent.
did the same thing again on 5th, went early, but forgot to put sell limit (my bad) but still made 6% profit . again decent
stil traded today, didn't look into other stocks, (again my bad), stock didn't go well, but still could make 3%, but decided to hold on till Monday, to make it 5%.
I made more than 11%, not counting today, in 2 days, i.e with just an hour of work.
Profiting with Indian Penny stocks
so why don't people do this.
they do, but speculate, with no reason.
Me, I looked into all stocks, refined my search, and found my reason to trade
- there was heavy buying, at the start of the session, ranging in vale from .5 to 1.7 crores from single individual.
- markets were favouring infrastructure related stocks.
- lending rates reduction.
- last but not the least, the huge buyer potential.
- number of trades placed on a daily basis.
- Its a penny stock.
this took me less than 30 minutes, as I already have a list on the stocks to look into for the next day.
The opportunities are limitless.
There are more than 700 penny stocks to choose from BSE alone.
DISCLAIMER: These are just few parameters of a stock/index/commodity/options/futures selected. In no circumstances it should be used or considered as an offer to sell or a solicitation of any offer to buy or sell the Securities mentioned in it. If you select any of these stocks for your trades or investment, you do so at your own risk and we are not responsible for any loss or damage arising from your decision.
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