Wavozen

10186 High risk penny stock Consolidation breakout

Long
NSE:VISESHINFO   VISESH INFOTECNICS
Reason for long
a) Consolidation breakout
b) Volume and price burst
c) High risk penny stock, position sizing is 0.01% of your total portfolio only, as it may even go to zero.
d) This is an loss making organization from past 5 years, but face value is 1,
e) Promotor % is <2% and is high risk, if possible keep SL as indicated in chart.
f) QQE breakout. Technical analysis is applicable only, if fundamentals are good, but risk management in terms of SL is usually applicable for technical and fundamental analyzed stocks. Hence request to keep strict SL in this stock.

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