Technical Analysis of Indian Equities by Nooresh

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Alchemist Limited – Circular Trading and Dumping.

A month back the stock was covered as a clear cut example of circular trading. Very low delivery volumes clearly suggested that there was something wrong. Alchemist Limited

 

Finally the stock has corrected non stop with terribly low volumes giving no exit opportunity.

 

Alchemist

 

 

Yesterdays volumes on the stock were only 43 shares πŸ™‚

 

There are many such stocks and with current boring markets it gives me time to write on them πŸ™‚

 

Cheers,

 

Nooresh Merani

 

nooreshtech@analyseindia.com

Article by Nooresh Merani

Nooresh has written 2555 articles.

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{ 1 comment… add one }
  • ganesh January 2, 2012, 12:26

    sir is sujana one of these kinds of stock?

    Reply

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