Technical Analysis Blog

Share Market Tips for Tomorrow 24th May 2021

BUY CASTROLIND (NSE Symbol) Buy@ 132.25 or Above after cooling period. SIGNAL : BULLISH PENNANT BREAKOUT WITH HIGHER VOLUME. Stop Loss : 118.35 Target : 143.95 (Short term)

buy castrolind
castrolind share price chart

HOT BUZZING STOCKS (24.05.2021)

NSE SYMBOL      CLOSING RATE

CREST    102.00
THANGAMAYL    768.50
EBIXFOREX    728.75
RUCHI    1022.10
SORILINFRA    155.15
ZENITHEXPO    106.30
CAPTRUST    93.45
PGEL    356.25
SHIL    331.00
V2RETAIL    118.65
YAARII    111.40
HIKAL    385.85
VENUSREM    320.80
HEMIPROP    140.15
KIOCL    208.65
ANANTRAJ    58.10
NDTV    78.15
LYKALABS    60.40
RAMKY    78.45
HPL    54.30
THOMASCOOK    57.50
EDELWEISS    63.95
DIGISPICE    43.25
JSWISPL    50.90
IZMO    79.05

Strategy: TODAY’S PENNANT BREAKOUTS

BULLISH PENNANT BREAKOUT OF 15  DAY’S HIGH OF FIRST TALLEST CANDLE (FROM CURRENT DAY – 5 DAYS)

SYMBOLNO. OF
TRADES
15 DAY’S
HIGH
 CLOSE % DIF
JBCHEPHARM210191435.001443.000.55
CAMS491002385.002412.051.12
TORNTPOWER (F&O)194663445.30450.601.18
ORIENTELEC15176294.40299.001.54
CHENNPETRO59501124.80129.103.33

BEARISH PENNANT BREAKDOWN OF 15  DAY’S LOW OF FIRST TALLEST CANDLE (FROM  CURRENT DAY – 5 DAYS)

 SYMBOLNO. OF
TRADES
15 DAY’S
LOW
 CLOSE % DIF
TRIVENI11940140.80140.250.39
AARTIIND (F&O)439861680.001664.650.92
MARICO (F&O)43503465.00459.701.15

Strategy : IMMINENT  PENNANT BREAKOUTS  (Short term)  

1% GREATER THAN 15  DAY’S MID VALUE OF FIRST TALLEST CANDLE (FROM CURRENT DAY – 5 DAYS)

SYMBOLNO. OF TRADESBUY @ or ABOVESTOP LOSSTARGET CLOSETOP OF
TALLEST CANDLE
 % DIF
KRBL15803244.14225.11259.89243.30243.40-0.04
DLF (F&O)79822272.25252.14288.86268.40269.10-0.26
CAMS491002413.272353.432461.412412.052428.00-0.66
SUPPETRO10665735.77702.60762.76729.65735.00-0.73
TORNTPOWER (F&O)194663451.56425.60472.83450.60454.00-0.75
AWHCL12620315.06293.41332.90311.10314.80-1.19
JSWENERGY14316118.27105.12129.33117.10118.70-1.37
HEIDELBERG16617248.06228.88263.93245.75249.70-1.61
BANDHANBNK (F&O)79400301.89280.70319.36299.65304.90-1.75
AWHCL12620315.06293.41332.90311.10316.70-1.80

1% LESSER THAN 15  DAY’S MID VALUE OF FIRST TALLEST CANDLE (FROM  CURRENT DAY – 5 DAYS)

SYMBOLNO. OF TRADESSELL @ or BELOWSTOP LOSSTARGET CLOSEBOTTOM OF
TALLEST CANDLE
 % DIF
TATACOMM186281064.391105.011032.531067.901060.050.74
DRREDDY (F&O)555845202.025289.925132.715216.455160.001.08
GRASIM (F&O)287741369.001414.931332.921371.851354.851.24
TATACHEM (F&O)35148702.25735.40676.34707.85698.351.34
HINDUNILVR (F&O)551132352.252412.062305.152362.252325.051.57
BEML337721314.061359.091278.701314.751290.001.88
VEDL (F&O)143161272.25293.12256.13273.65268.301.96
SOBHA14516451.56478.28430.78452.40443.352.00
HINDCOPPER25306169.00185.55156.33169.00165.002.37
NTPC (F&O)50631110.25123.70100.05112.85110.152.39

Strategy : PENNANT TRIANGLE  PATTERN (Algorithmic/Intraday/Short term)

PERFECT PENNANT TRIANGLE  (In the increasing order of closeness to the top of the first tallest candlestick from the current day – 5 Days)

SYMBOL% DIF
LUPIN (F&O)1.58%
SOBHA2.81%
ALKEM (F&O)2.85%
TATAPOWER (F&O)2.96%
DREDGECORP3.19%
APOLLOTYRE (F&O)3.52%
RALLIS3.62%
CASTROLIND3.86%
DCMSHRIRAM4.09%
HAPPSTMNDS4.12%
ITI4.68%
HSIL5.55%
LXCHEM5.73%
GODREJAGRO8.49%
GODREJIND8.51%
GODREJCP (F&O)8.99%
JINDALSTEL (F&O)14.60%

IMPERFECT PENNANT TRIANGLE STOCKS  (One/Two violations) (In the increasing order of closeness to the top of the first tallest candlestick from the current day – 5 Days)

SYMBOL% DIF
KRBL0.04%
DLF (F&O)0.26%
RECLTD (F&O)0.49%
CAMS0.66%
SUPPETRO0.73%
ALKEM (F&O)0.75%
TORNTPOWER (F&O)0.75%
BDL0.79%
HINDUNILVR (F&O)0.85%
NTPC (F&O)0.97%
MGL (F&O)1.16%
HEIDELBERG1.61%
ITI1.64%
BANDHANBNK (F&O)1.75%
EXIDEIND (F&O)1.79%
AWHCL1.80%
SYMPHONY1.87%
ITC (F&O)1.99%
INTELLECT2.25%
DCMSHRIRAM2.34%
CANBK (F&O)2.39%
RIIL2.53%
RAIN2.62%
GRAPHITE2.63%
JUBLINGREA2.67%
SUDARSCHEM3.03%
BSE3.07%
AMARAJABAT (F&O)3.08%
POWERGRID (F&O)3.09%
BAJAJELEC3.13%
CASTROLIND3.20%
JSWENERGY3.29%
JSWSTEEL (F&O)3.34%
DRREDDY (F&O)3.49%
HINDALCO (F&O)3.55%
TATACHEM (F&O)3.62%
GRASIM (F&O)3.65%
ASTRAMICRO3.80%
ZEEL (F&O)3.93%
GLENMARK (F&O)3.95%
COFORGE (F&O)4.19%
LODHA4.21%
BEML4.58%
MPHASIS (F&O)4.67%
TATACOMM4.69%
GUFICBIO4.76%
VEDL (F&O)4.88%

Strategy : TRIANGLE  PATTERN (Intraday/Short term)  

NIL

Strategy : INSIDE CANDLES(Intraday/Short term)  

NIL

Strategy : SPINNING TOPS  (Short Term)

(Doji Candlestick pattern near minor Top or Bottom)   

 NIL

Strategy : NR4/NR7 BREAKOUT (EITHER WAY INTRADAY)

PREVIOUS 3 TRADING DAYS CANDLE HEIGHT SHRINKING STOCKS

AJANTPHARM

AMRUTANJAN

BRIGADE

DABUR (F&O)

GLAND

IRB

LUPIN (F&O)

NAVINFLUOR (F&O)

NIACL

TORNTPHARM (F&O)

WOCKPHARMA

PREVIOUS 6 TRADING DAYS CANDLE HEIGHT SHRINKING STOCKS

ADANIPORTS (F&O)

APTECHT

DPWIRES

ITC (F&O)

JSWENERGY

MOIL

ORIENTBELL

SAIL (F&O)

SMSPHARMA

THEMISMED

VINATIORGA

Strategy : CONSOLIDATING STOCKS (Trade on Day sentiment)

Closing Level Consolidation

DABUR (F&O)

DRREDDY (F&O)

HDFCLIFE (F&O)

INDUSTOWER (F&O)

NAZARA

PURVA

RAJESHEXPO

SUMICHEM

SWANENERGY

TCS (F&O)

TNPETRO

ZUAR

Higher Level Consolidation

DABUR (F&O)

HDFCLIFE (F&O)

INDUSTOWER (F&O)

IOLCP

MARUTI (F&O)

MINDTREE (F&O)

REDINGTON

SMSPHARMA

TATACONSUM (F&O)

THYROCARE

Lower Level Consolidation

DCMSHRIRAM

EDELWEISS

EQUITAS

GNFC

GODREJAGRO

HDFCLIFE (F&O)

JMFINANCIL

MAXIND

MINDTREE (F&O)

NAZARA

RAJESHEXPO

SBILIFE (F&O)

THYROCARE

VINYLINDIA

Strategy : BREAKOUT STOCKS WITH GAPS

GAP UP BREAKOUT STOCKS

ADANITRANS

BESTAGRO

BPCL (F&O)

GUFICBIO

JKLAKSHMI

KALPATPOWR

PVR (F&O)

SIYSIL

GAP DOWN BREAKOUT STOCKS

NIL

Strategy : ENGULFING STOCKS

BULLISH ENGULFING

DREDGECORP

BEARISH ENGULFING

MINDACORP

Strategy : MARUBOZU STOCKS

BULLISH MARUBOZU PATTERN

CAPTRUST

HEMIPROP

RAMKY

SHIL

BEARISH MARUBOZU PATTERN

NIL

Strategy : BELLHOLD STOCKS

BULLISH BELLHOLD PATTERN

HDFCBANK (F&O)

ICICIBANK (F&O)

BEARISH BELLHOLD PATTERN

NIL

Strategy : GARTLEY SIGNAL(W & M Patterns)(INTRADAY )

BUY RECOMMENDATION AT LOWER LEVELS

NIL

SELL RECOMMENDATION AT HIGHER LEVELS

NIL

Strategy :  Swing Trading (FOR THE ATTENTION OF SWING TRADERS )

BUY RECOMMENDATION IF THE MARKET IS BULLISH

AARTIDRUGS

AVANTIFEED

BANKBARODA (F&O)

DELTACORP

EMAMILTD

ENGINERSIN

GAIL (F&O)

HDFCBANK (F&O)

HEIDELBERG

IBREALEST

INDHOTEL

IOC (F&O)

JSL

NATCOPHARM

PPL

QUESS

RALLIS

STARCEMENT

TAKE

TNPL

VOLTAS (F&O)

WELCORP

WESTLIFE

SELL RECOMMENDATION IF THE MARKET IS BEARISH

ARVINDFASN

BANDHANBNK (F&O)

BATAINDIA (F&O)

EICHERMOT (F&O)

HDFCLIFE (F&O)

IGL (F&O)

LTI (F&O)

MCDOWELL-N (F&O)

NAUKRI (F&O)

PRESTIGE

RBLBANK (F&O)

SEAMECLTD

SPENCERS

TWL

STOCKS TO BUY FOR INTRADAY       
SCRIP NAME (NSE CODE)PREVIOUS CLOSEBUY AT / ABOVESTOP LOSSTARGET 1TARGET 2TARGET 3TARGET 4
        
MINDTREE (F&O)2122.702127.522116.002137.992149.572161.172172.80
ORIENTELEC299.00301.89297.56306.10310.49314.90319.36
HINDALCO (F&O)389.80390.06385.14394.82399.80404.81409.86
HEROMOTOCO (F&O)2884.402889.062875.642901.062914.542928.052941.59
SURYAROSNI472.95473.06467.64478.28483.76489.27494.81
STOCKS TO SELL FOR INTRADAY       
SCRIP NAME (NSE CODE)PREVIOUS CLOSESELL AT / BELOWSTOP LOSSTARGET 1TARGET 2TARGET 3TARGET 4
       
SAIL (F&O)122.00121.00123.77118.32115.62112.95110.31
VENKEYS2274.352268.142280.062257.382245.512233.682221.88
NAVINFLUOR (F&O)3198.903192.253206.393179.733165.643151.593137.57
LIBERTSHOE137.70135.14138.06132.32129.46126.63123.83
GODREJPROP (F&O)1305.251305.021314.061296.651287.661278.701269.78

INTRADAY BUY RECOMMENDATIONS IN THE DESCENDING ORDER OF TRADED VOLUME

SYMBOLVOLUMECLOSING PRICEBUY ABOVESTOP LOSSTARGET1TARGET2TARGET3TARGET4
         
SBIN (F&O)192810772401.20405.02400.00409.86414.93420.04425.18
CANBK (F&O)33505835152.85153.14150.06156.17159.31162.48165.68
IBULHSGFIN (F&O)33200501215.50217.56213.89221.15224.89228.65232.45
HINDPETRO (F&O)33142356276.30276.39272.25280.42284.62288.86293.12
ICICIBANK (F&O)23975898642.45643.89637.56649.92656.31662.73669.18
INDIACEM18960293202.70203.06199.52206.54210.14213.78217.45
AXISBANK (F&O)15883692730.90735.77729.00742.19749.02755.87762.76
TORNTPOWER (F&O)15661484450.60451.56446.27456.66462.02467.41472.83
INDUSINDBK (F&O)125918601016.001016.021008.061023.491031.501039.541047.62
MOTHERSUMI (F&O)12477007245.45248.06244.14251.89255.87259.89263.93
HDFCBANK (F&O)96708231497.301501.561491.891510.511520.241530.001539.79
CHOLAFIN (F&O)7059325582.80588.06582.02593.84599.95606.09612.26
LXCHEM5272118224.95225.00221.27228.65232.45236.27240.13
RECLTD (F&O)4920322144.20147.02144.00149.99153.06156.17159.31
GATI4689771129.95132.25129.39135.07137.99140.95143.93
KOTAKBANK (F&O)42931121757.651764.001753.521773.631784.171794.741805.35
ADANITRANS41563471453.851463.061453.521471.901481.511491.141500.81
DELTACORP4087677163.20165.77162.56168.92172.18175.47178.80
DCAL4078305193.55196.00192.52199.42202.96206.54210.14
FORTIS3798892227.50228.77225.00232.45236.27240.13244.02
SBICARD34335491064.201064.391056.251072.031080.231088.461096.72
ISEC3311064589.10594.14588.06599.95606.09612.26618.46
IEX3292526372.20375.39370.56380.06384.95389.87394.82
ORIENTCEM3258861139.25141.02138.06143.93146.94149.99153.06
WELCORP2830668146.60147.02144.00149.99153.06156.17159.31

INTRADAY SELL RECOMMENDATIONS IN THE DESCENDING ORDER OF TRADED VOLUME

SYMBOLVOLUMECLOSING PRICESELL BELOWSTOP LOSSTARGET1TARGET2TARGET3TARGET4
         
HAVELLS (F&O)66654821028.301024.001032.021016.521008.571000.64992.75
TATACOFFEE5570638178.50175.56178.89172.35169.08165.85162.64
GSFC3125927118.55118.27121.00115.62112.95110.31107.69
BALRAMCHIN1867427303.10301.89306.25297.71293.41289.14284.91
TIRUMALCHM1627771122.15121.00123.77118.32115.62112.95110.31
DHAMPURSUG884759323.40319.52324.00315.22310.80306.40302.04
CHAMBLFERT807924286.20284.77289.00280.70276.53272.39268.27
AARTIIND (F&O)7558391664.651660.561670.771651.221641.071630.961620.87
SHAKTIPUMP747677694.80689.06695.64682.86676.34669.85663.39
BALKRISIND (F&O)7382912131.102127.522139.062117.062105.572094.112082.68
TRIVENI676632140.25138.06141.02135.21132.32129.46126.63
SHALPAINTS547725101.70100.00102.5297.5695.1192.6990.30
POKARNA532338319.45315.06319.52310.80306.40302.04297.71
MINDACORP504118110.40110.25112.89107.69105.12102.57100.05
EKC497142104.20102.52105.06100.0597.5695.1192.69
FACT440063128.30126.56129.39123.83121.06118.32115.62
DALMIASUG385833332.20328.52333.06324.16319.68315.22310.80
RIIL377398406.70405.02410.06400.20395.21390.26385.33
TCNSBRANDS376290558.95558.14564.06552.53546.66540.83535.03
PANACEABIO285335371.75370.56375.39365.95361.18356.44351.74
APCOTEXIND257803362.00361.00365.77356.44351.74347.06342.42
BOSCHLTD (F&O)25628715288.1515283.1415314.0615259.8815229.0015198.1615167.35
CYIENT228096806.10805.14812.25798.46791.41784.39777.40
UTTAMSUGAR209792146.30144.00147.02141.09138.13135.21132.32
NITINSPIN195756116.75115.56118.27112.95110.31107.69105.12
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