Technical Analysis Blog

Short Term Capital Market Tips for the week from 19th December 2016

STOCKS WITH BUY SIGNAL

CLNINDIA (NSE Code) Signal : Trend line crossed with very high volume. Highly volatile near minor bottom. Stop Loss : 685 Target : 750 (Short term)

BODALCHEM (NSE Code) Signal : Previous top crossed with increased volume. Stop Loss : 120 Target : 142 (Short term) Also watch PUNJABCHEM

CUMMINSIND (NSE Code) Signal : Triple tops crossed with higher volume. Stop Loss : 780 Target : 840 (Short term)

SAKSOFT (NSE Code) Signal : 52 week high crossed with very high volume. Stop Loss : 235 Target : 290 (Short term)

SHILPI (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 193 Target : 212 (Short term)

TATACOMM (NSE Code) Signal : Channel break out with higher volume near minor top. Stop Loss : 620 Target : 675 (Short term)

KEI (NSE Code) Signal : Trend line crossed with very high volume. Highly volatile near minor top. Stop Loss : 115 Target : 135 (Short term)

STOCKS WITH SELL SIGNAL

COALINDIA (NSE Code) Signal : 52 week low breached with increased volume. Stop Loss : 300 Target : 270 (Short term)

HAVELLS (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 332 Target : 305 (Short term)

JKLAKSHMI (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 360 Target : 320 (Short term)

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