Short Term Capital Market Tips for the week from 23rd October 2017

STOCKS WITH BUY SIGNAL

JINDWORLD (NSE Code) Signal : Distribution pattern near minor top. Bullish break out expected any time. Buy above : 1250 Stop Loss : 1100 Target : 1300 (Short term)

JKLAKSHMI (NSE Code) Signal : Bullish gap up break out with higher volume in 1 hr muhurat trading. Stop Loss : 390 Target : 415 (Short term)

EVERESTIND (NSE Code) Signal : Previous top crossed. Stop Loss : 475 Target : 510 (Short term)

FMNL (NSE Code) Signal : Trend reversal pattern. Stop Loss : 115 Target : 145 (Short term)

STOCKS WITH SELL SIGNAL

INDNIPPON (NSE Code) Signal : Dark cloud near historical high. Stop Loss : 1290 Target : 1200 (Short term)

AXISBANK (NSE Code) Signal : Double bottoms bearish gap down break out. Stop Loss : 480 Target : 425 (Short term)

BOMDYEING (NSE Code) Signal : Doji formation near minor top after recovery. Stop Loss : 225 Target : 190 (Short term)

BUTTERFLY (NSE Code) Signal : Evening star formation. Stop Loss : 255 Target : 215 (Short term)

AMBUJACEM (NSE Code) Signal : Triple bottoms & 13 days DMA curve breached. Stop Loss : 282 Target : 255 (Short term)

HEXAWARE (NSE Code) Signal : Bearish engulfing pattern near minor top with higher volume in 1 hr muhurat trading. Stop Loss : 290 Target : 270 (Short term)