Technical Analysis of Indian Equities by Nooresh

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



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 2801 articles.

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

    What you trying to say through Avance Technologies ??

    • nooresh October 5, 2011, 10:24

      I am mentioning to avoid such penny stocks.

  • Rohit November 2, 2011, 09:53

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

    • nooresh November 2, 2011, 10:31

      Hi ROhit,

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


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