NSE: PENNY STOCKS (DIVIDEND STOCKS) 16-JUL-2025

 SADHANA NITROCHEM LTD @ 7.14

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LTP: 7/14

Support: 5

Resistance: 95

As per my analysis 5 will hold support for 16+ min.

TGTs: 11, 16, 23, 32, 42, 64, 95+

https://in.tradingview.com/chart/SADHNANIQ/VfRg9XD6-SADHANA-NITROCHEM-LTD-7-14/

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

GUJARAT TOOLROOM LTD (GUJTLRM) @ 1.15

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LTP: 1.15

Support: 0.05

Resistance: 7.67

Best Buy levels: 1.16, 0.64, 0.37, 0.23

I expect to see 7.67 first and further 16/21+ LONG TERM.

https://in.tradingview.com/chart/GUJTLRM/UGjG72qv-GUJARAT-TOOLROOM-LTD-GUJTLRM-1-15/

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

AXITA COTTON LTD @ 9.01

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LTP: 9.01

Resistances: 9.68./11.25, 22, 27, 47.

Support: 8/7

Bullish above 9.68

Break of 9.68, we can see 11.55, 126, 21, 25, 46

https://in.tradingview.com/chart/AXITA/11np9Ayu-AXITA-COTTON-LTD-9-01/

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

MANGALAM GLOBAL ENT LTD @ 16.66

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LTP 16.61

Resistances: 17.60/25.87

Supports: 10.55/6.21/5.55

As long as the above supports hold, we can see 19/21 first.

Further 25, 27-31, 36, 40, 55+++.

https://in.tradingview.com/chart/MGEL/Mba4MgHV-MANGALAM-GLOBAL-ENT-LTD-16-66/

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

PATEL INT. LOG. LTD. @ 17.45

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LTP: 17.45

Supports: 12/14.34/10.30/3.97

Resistances: 30/71.55

As long as the above supports hold, we can see 26 again and further 30, 37-42, 53-60, 69-80, 110+++

https://in.tradingview.com/chart/PATINTLOG/qTgBMhkR-PATEL-INT-LOG-LTD-17-45/

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

B.N.RATHI SECURITIES @ 23.72

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LTP: 23.72

Supports: 21/14.55/8/2

Resistances: 73

As long as the above supports hold support, we can see 51, 70 again and further, 99, 134-145, 225 can be seen.

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

https://in.tradingview.com/chart/BNRSEC/YSPgkBct-B-N-RATHI-SECURITIES-23-72/

INFIBEAM AVENUES LTD @ 16.35

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LTP: 16.35

Supports: 10.55/4.55

Resistances: 21/34

As long as 12/10/3 holds support, we can see 21 again and further

30-35, 42-50, 27, 61-70, 82-96, 130+++

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

https://in.tradingview.com/chart/INFIBEAM/RLh9COpU-INFIBEAM-AVENUES-LTD-16-35/

PHOENIX OVERSEAS LTD @ 24.34

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LTP: 24.35

Suppports: 19/16

Resistance: 30

As long as 16 holds support, I expect to see 64 again.

Small targets: 34, 55, 61-64+++.

NOTE: Penny Stocks are always risky. Discuss with your Advisor before investing.

https://in.tradingview.com/chart/PHOGLOBAL/zUoz9dye-PHOENIX-OVERSEAS-LTD-24-34/