Technical Analysis Blog

Capital Market Tips for the week from 24th October 2016

STOCKS WITH BUY SIGNAL

BALRAMCHIN (NSE Code) Signal : Double tops crossed with increased volume. Stop Loss : 111 Target : 128 (Short term) Also watch  DWARKESH &  UPERGANGES

MOIL (NSE Code) Signal : Previous top crossed with higher volume. Stop Loss :  275Target : 315 (Short term)

HIKAL (NSE Code) Signal : Previous top crossed with very high volume. Stop Loss : 205 Target : 240 (Short term)

INDOTECH (NSE Code) Signal : Bullish flag pattern with higher volume. Stop Loss : 230 Target : 275 (Short term)

BAJAJELEC (NSE Code) Signal : Trend line crossed with increased volume. Bullish break out expected any time. Stop Loss : 254 Target : 270 (Short term)

PFC (NSE Code) Signal : Double tops crossed with higher volume. Stop Loss : 120 Target : 135 (Short term)

STOCKS WITH SELL SIGNAL

POLARIS (NSE Code) Signal : Gravestone formation with very high volume. Stop Loss : 170 Target : 155 (Short term)


GHCL (NSE Code) Signal : 13 days DMA curve breached with higher volume. Stop Loss : 290 Target : 265 (Short term)

KSL (NSE Code) Signal : 13 days DMA curve breached with higher volume. Stop Loss : 344 Target : 300 (Short term)

RELIANCE (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 1090 Target : 1030 (Short term)

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