Penny Stocks Update: These Penny Stocks are trading with positive breakout
The broader markets index BSE SmallCap Index seems to have taken support at its 50D Moving average. On August 11 the BSE SmallCap Index dipped below the 50D MA for a while and has since then recovered and is trading above the 50D Moving Average.
The risk on mood is seen in the market and several penny stocks are seen trading with gains. Some of the penny stocks have crossed the 30D Moving Average in recent trading sessions and are seen trading with optimism.
Here is the short list of penny stocks trading with positive breakouts on Tuesday:
|
Sr No
|
Stock Name
|
LTP
|
Price gain (%)
|
|
1
|
Turner Industries
|
0.4
|
2.56
|
|
2
|
Kaushalya Infrastructure
|
3
|
3.45
|
|
3
|
Stellar Capital Services
|
3.85
|
2.67
|
|
4
|
Sheetal Diamonds
|
4.04
|
4.94
|
|
5
|
Shital Diomonds
|
4.04
|
4.94
|
|
6
|
East Silk
|
4.3
|
8.8
|
|
7
|
Kamron Lab
|
5.6
|
4.67
|
|
8
|
Net Ripples Software
|
6.69
|
4.86
|
|
9
|
Shri Bholanath Carpets
|
8.25
|
4.96
|
|
10
|
NHC Foods
|
9.7
|
7.78
|