In the week ending September 6, the Indian benchmark index Sensex experienced a weekly decline of approximately 1.43%. Despite this drop, nine penny stocks saw their prices increase by 10% to 55% over the same period. Our selection criteria focused on stocks with a market capitalization below Rs 1000 crore, a share price under Rs 20, and a last trading volume exceeding 5 lakh shares.(Data Source: ACE Equity)
Negative Breakout: These 7 stocks cross below their 200 DMAs
200 DMA: Rs 1429.84| LTP: Rs 1406.3