Technical Analysis Blog

Short Term Capital Market Tips for the week from 21st May 2018

STOCKS WITH BUY SIGNAL

SAREGAMA (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 825 Target : 875 (Short term)

SURYAROSNI (NSE Code) Signal : Doji formation near minor bottom with higher volume. Stop Loss : 390 Target : 420 (Short term)

VOLTAS (NSE Code) Signal : Morning star doji formation pattern. Stop Loss : 530 Target : 575 (Short term)

UCALFUEL (NSE Code) Signal : Triple tops crossed with very high volume. Stop Loss : 250 Target : 275 (Short term)

RUPA (NSE Code) Signal : Trend line crossed with very high volume. Stop Loss : 420 Target : 450 (Short term)

STOCKS WITH SELL SIGNAL

HEG (NSE Code) Signal : Dark clouds near minor top. Stop Loss : 3600 Target : 3325 (Short term)

TIRUMALCHM (NSE Code) Signal : 200 days DMA & multiple bottoms breached. Stop Loss : 1775 Target : 1500 (Short term) also watch other speciality chemical stocks such as SRF

INDIGO (NSE Code) Signal : 200 days DMA & multiple bottoms breached. Stop Loss : 1200 Target : 1050 (Short term)

ARVIND (NSE Code) Signal : 200 days DMA & multiple bottoms breached. Stop Loss : 410 Target : 380 (Short term)

IRB (NSE Code) Signal : Triple bottoms breached with higher volume. Bullish break out expected any time. Stop Loss : 250 Target : 225 (Short term)

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