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In the event that you are a swing trader, you ought to be searching for 2 things - (I) volume & (ii) Price. It's pointless to search for stocks which move in a scope of 30-50% however are so daintily traded that you can't trade more than a couple of thousand rupees in them.

High volatility has been observing in Indian Stock Markets amid on Global Market Cues. This month is expected to be all the more volatile going ahead. The developments pertaining to Greece default and news flows from the US economy indicating the risk of recession or recovery thereof is going to influence the future trend of the market. On downside, 4,800 is a key trend decider level for the market. Below 4,800 level, panic selling is likely to lead to further downfall till 4,700 levels.

The stock market has opened in red with volatility in the market. The BSE Sensex down 17.39 points to 26505.34 and NSE Nifty down 16.60 points to 8027.55. Vedanta gained more than 1 percent while cairn India fell 5 percent learned from the sources that both the companies going to discuss their merger this weekend.

Why not Invest in Penny Stocks?: Everyone is familiar with the fact of the stock market that it is volatile in nature and risky. There are thousands of companies including small companies and large companies listed on the NSE and BSE. Small public companies' stock with very low prices is known as penny stocks. Penny stocks are highly speculative because people gamble with huge bids. The price of penny stocks is very low (below 10₹) so people think that they can buy more quantity, but due to very fewer demand chances of the price going high of the stocks is also very low.

The BSE Sensex and NSE Nifty traded down the line in a morning session. Sensex down 38.87 points at 26484.22 and Nifty down 26.20 points 8017.54. Shares of Nestle India rising more than 2 percent on Tuesday morning after its Maggi noodles manufactured in India met Singapore's food safety standards.

For Intraday Trading On Monday market is expected to open either flat or positive. Until, Nifty manages to breakout above 5,800 levels, volatility may be seen in 5,700-5865 range. On Monday if indices trade above 19180 / 5775 levels then they are likely to test 19300-19420 / 5,835 - 5,860 levels. On the downside, 19,020 - 18,925 / 5,700 - 5,670 levels are support for the day. Any breach below 5670 level would intensify the selling pressure.