Technical view by Nooresh

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.





Yesterdays volumes on the stock were only 43 shares :)


There are many such stocks and with current boring markets it gives me time to write on them :)




Nooresh Merani

Article by Nooresh Merani

Nooresh has written 2532 articles.

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

    sir is sujana one of these kinds of stock?


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