Technical Analysis Blog

Short Term Capital Market Tips for the week from 22nd May 2017

STOCKS WITH BUY SIGNAL

SHAKTIPUMP (NSE Code) Signal : Historic high. Bullish break out with very high volume. Stop Loss : 300 Target : 340 (Short term)

IGARASHI (NSE Code) Signal : Bullish engulfing pattern with very high volume. Stop Loss : 850 Target : 900 (Short term)

JAYSREETEA (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 99 Target : 108 (Short term)


ITC (NSE Code) Signal : Triple tops crossed with higher volume. Stop Loss : 275 Target : 292 (Short term)

SBIN (NSE Code) Signal : V shaped recovery crossing double tops with higher volume. Stop Loss : 298 Target : 320 (Short term)


STOCKS WITH SELL SIGNAL

UPL (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 810 Target : 765 (Short term)

DHANUKA (NSE Code) Signal : Previous bottom & 13 days DMA curve breached with higher volume. Stop Loss : 855 Target : 810 (Short term)


ASIANPAINT (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 1150 Target : 1095 (Short term)

SEQUENT (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 130 Target : 108 (Short term)

CGCL (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 60 Target : 50 (Short term)

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