My Technical Analysis Diary. . . . .Invest in stocks only after you have done your own Risk Management
Bihar Sponge (Hi Risk Hi Return)
For a change Bihar stock. Here its a good case of breakout with too much of volumes. Hence you can see the abrupt rise in the On Balance Volume. Also it is good case of resistance becoming support which is again a very bullish sign. StopLoss of 9.8 to be maintained.
A penny stock with buying interest hence has high risk high return profile.
Investment upto 10~15 % of your portfolio only recommended.