In the week ending January 10, the benchmark Sensex declined by 2.33%. Amid this downturn, five penny stocks experienced a drop of 10% to 25%. Our selection criteria focused on stocks with a market capitalization under Rs 1,000 crore, a share price below Rs 20, and a trading volume exceeding 5 lakh shares. (Data Source: ACE Equity)
TCS, NALCO among 5 stocks with long buildup
A long buildup occurs when both open interest (OI) and trading volumes rise alongside an increase in the underlying stock price, signaling a bullish trend