Many stocks under Rs. 10 and Rs. 20 have consecutively increased in the last few trading sessions. A few stocks have breakout their resistance level and sustained above which looks like good movement on the up side.
One of the stocks that consecutively increased in the last few trading sessions and trading under Rs. 10 and Rs. 20 are IFCI, JPPOWER, and VIKASLIFE.
IFCI Ltd (IFCI).
IFCI closed today at Rs. 18.40 with a day change of +5.75%, made a high of Rs. 18.65 and a low of Rs. 17.15. After yesterday’s trading session ended the stock IFCI closed at Rs. 17.40 and today opened with a gap-up at Rs. 17.80.
From 31st August to today 5 September 2023, IFIC has consecutively increased, during these previous trading sessions, stock IFCI moved +20% from Rs. 14.55 to Rs. 18.65.
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Jaiprakash Power Ventures Ltd (JPPOWER).
JPPOWER closed today at Rs. 08.55 with a day change of -1.16%, made a high of Rs. 08.85 and a low of Rs. 08.25. After yesterday’s trading session ended the stock JPPOWER closed at Rs. 08.65 and today opened with a gap-up at Rs. 08.80.
From 31st July to today 5 September 2023, JPPOWER has consecutively increased, during these previous trading sessions, stock JPPOWER moved +40% from Rs. 06.10 to Rs. 08.85. JPPOWER seems to be showing a good indication of profitability & efficiency. JPPOWER is trading on its average level and not in an oversold zone.
Vikas Lifecare Ltd (VIKASLIFE).
VIKASLIFE closed today at Rs. 04.60 with a day change of +1.10%, made a high of Rs. 04.70 and a low of Rs. 04.50. After yesterday’s trading session ended the stock VIKASLIFE closed at Rs. 04.55 and today opened with a gap-up at Rs. 04.60.
From 7th June to today 5 September 2023, VIKASLIFE has consecutively increased, during these previous trading sessions, stock VIKASLIFE moved +60% from Rs. 02.85 to Rs. 04.85.
On 14th August 2023, VIKASLIFE gave a breakout to its resistance level at around Rs. 03.40 and made a high point at around Rs. 04.25, later VIKASLIFE retested its resistance level at around Rs. 03.40, then consecutively increased and made new high point at Rs. 04.85, now VIKASLIFE currently trading at Rs. 04.60.
VIKASLIFE is also one of the stocks that currently shows a good indication of profitability & efficiency. VIKASLIFE is trading at its average level and not in an oversold zone.
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