Technical Analysis of Indian Equities by Nooresh

Avance Technologies — Manipulation – 0.07 to 12 rs back to 0.89

Avance

 

Example of a penny stock rigged 🙂

 

Avance Technologies---- Hardly any fundamentals but the stock was multi multi bagger at one time and now it is 😛 on the way back.

 

Will post some more of such stocks.

Article by Nooresh Merani

Nooresh has written 2556 articles.

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{ 4 comments… add one }
  • Shashank Prasad October 4, 2011, 11:39

    What you trying to say through Avance Technologies ??

    Reply
    • nooresh October 5, 2011, 10:24

      I am mentioning to avoid such penny stocks.

      Reply
  • Rohit November 2, 2011, 09:53

    Sir, have a look @ PFl Infotech. Another 40 bagger

    Reply
    • nooresh November 2, 2011, 10:31

      Hi ROhit,

      Yes thats another doubtful stock. There are way too many of these stocks 🙂

      Reply

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