Technical Analysis Blog

Short Term Capital Market Tips for the week from 25th June 2018

STOCKS WITH BUY SIGNAL

FRETAIL (NSE Code) Signal : Bullish engulfing pattern. Trend line crossed with increased volume. Stop Loss : 563 Target : 590 (Short term)

HIRECT (NSE Code) Signal : Harami pattern with higher volume. Stop Loss : 113 Target : 135 (Short term)

AMBUJACEM (NSE Code) Signal : Pennant formation with increased volume. Stop Loss : 200 Target : 212 (Short term)

ENDURANCE (NSE Code) Signal : Long legged doji pattern near minor top after consolidation. Stop Loss : 1275 Target : 1325 (Short term)

CIPLA (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 600 Target : 630 (Short term) Also watch LUPIN

STOCKS WITH SELL SIGNAL

GRANULES (NSE Code) Signal : Gap down bearish break down with higher volume. Stop Loss : 90 Target : 75 (Short term)

TEJASNET (NSE Code) Signal : Triple bottoms breached with higher volume. Stop Loss : 310 Target : 295 (Short term) Also watch AGCNET

MAHLOG (NSE Code) Signal : Previous support level breached with increased volume. Stop Loss : 612 Target : 585 (Short term)

FINCABLES (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 610 Target : 580 (Short term)

GET&D (NSE Code) Signal : Gravestone formation after consolidation with higher volume. Stop Loss : 305 Target : 270 (Short term)

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