Technical Analysis Blog

Capital Market Tips for the week from 11th May 2020

STOCKS WITH BUY SIGNAL

PANACEABIO (NSE Code) Signal : Bullish channel breakout. Locked in upper circuit filter. Stop Loss : 140 Target : 160 (Short term)

EVERESTIND (NSE Code) Signal : Bullish channel breakout with higher volume. Stop Loss : 160 Target : 185 (Short term)

GUJGASLTD (NSE Code) Signal : Trendline, 13 days DMA curve crossed with higher volume. Stop Loss : 230 Target : 255 (Short term)

TORNTPHARM (NSE Code) Signal : 13 days DMA curve crossed with increased volume. Stop Loss : 2375 Target : 2475 (Short term)

SUNPHARMA (NSE Code) Signal : 13 days DMA curve crossed with increased volume. Stop Loss : 450 Target : 490 (Short term)

STOCKS WITH SELL SIGNAL

ISEC (NSE Code) Signal : Trendline, Bearish engulfing pattern near minor top with higher volume. Stop Loss : 380 Target : 320 (Short term)

SHARDACROP (NSE Code) Signal : Bearish engulfing pattern near minor top with higher volume. Stop Loss : 150 Target : 130 (Short term)

LAURUSLABS (NSE Code) Signal : Bearish breakout with very high volume. Stop Loss : 475 Target : 410 (Short term)

NAVINFLUOR (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 1480 Target : 1395 (Short term)

NTPC (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 95 Target : 80 (Short term)

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