Technical Analysis Blog

Short Term Capital Market Tips for the week from 28th August 2017

STOCKS WITH BUY SIGNAL

GMBREW (NSE Code) Signal : Previous top & 13 days DMA curve crossed with higher volume. Stop Loss : 405 Target : 435 (Short term) Also watch other liquor stocks such as RADICO, GLOBUSSPR, MCDOWELL-N, PIONDIST & EDL Etc.

LOVABLE (NSE Code) Signal : Bullish engulfing pattern near minor bottom with higher volume. Stop Loss : 218 Target : 242 (Short term)

TALBROAUTO (NSE Code) Signal : Double tops crossed with higher volume. Stop Loss : 185 Target : 205 (Short term)

GRAVITA (NSE Code) Signal : Distribution pattern near minor top. Bullish break out expected any time. Stop Loss : 100 Target : 122 (Short term)

VIPIND (NSE Code) Signal : Distribution pattern near minor top. Bullish break out expected any time. Stop Loss : 200 Target : 220 (Short term)

INDIAGLYCO (NSE Code) Signal : Gap up bullish break out near minor bottom with higher volume. Stop Loss : 162 Target : 190 (Short term)

SPECIALITY (NSE Code) Signal : Distribution pattern for the last 35 trading sessions. Bullish break out expected any time. Stop Loss : 104 Target : 128 (Short term)

KTKBANK (NSE Code) Signal : Trend line crossed with increased volume. Stop Loss : 141 Target : 160 (Short term)

STOCKS WITH SELL SIGNAL

OBEROIRLTY (NSE Code) Signal : Triple bottoms breached with higher volume. Stop Loss : 380 Target : 353 (Short term)

EIDPARRY (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 326 Target : 305 (Short term)

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