Technical Analysis Blog

Short Term Capital Market Tips for the week from 5th February 2018

STOCKS WITH BUY SIGNAL

TECHM (NSE Code) Signal : BULLISH BREAK OUT AFTER CONSOLIDATION NEAR MINOR TOP WITH INCREASED VOLUME. Stop Loss : 600 Target : 635 (Short term) Also watch other software stocks such as HCLTECH

NAUKRI (NSE Code) Signal : HAMMER PATTERN WITH VERY HIGH VOLUME. Stop Loss : 1320 Target : 1400 (Short term)

SBILIFE (NSE Code) Signal : TRIPLE TOPS CROSSED WITH INCREASED VOLUME. Stop Loss : 700 Target : 740 (Short term) Also watch other Life insurance stocks such as ICIPRU, HDFCLIFE Etc.

TORNTPHARM (NSE Code) Signal : BOTTOM FORMATION PATTERN. Stop Loss : 1325 Target : 1390 (Short term)

ESCORTS (NSE Code) Signal : PROFIT TAKING NEAR MINOR TOP. CORRECTION WITH DECREASED VOLUME. BUY ABOVE 875 WHEN THE MARKET REVERSES. Stop Loss : 840 Target : 890 (Short term)

STOCKS WITH SELL SIGNAL

DHFL (NSE Code) Signal : TRIPLE BOTTOMS BREACHED. BEARISH GAP DOWN BREAK OUT. Stop Loss : 545 Target : 490 (Short term) Also watch other home loan stocks LICHSGFIN, GICHSGFIN etc.

THYROCARE (NSE Code) Signal : TRIPLE BOTTOMS BREACHED WITH HIGHER VOLUME. Stop Loss : 685 Target : 650 (Short term)

CUMMINSIND (NSE Code) Signal : TRIPLE BOTTOMS BREACHED WITH HIGHER VOLUME. Stop Loss : 850 Target : 805 (Short term)

COX&KINGS (NSE Code) Signal : DOUBLE BOTTOMS BREACHED WITH HIGHER VOLUME. Stop Loss : 250 Target : 215 (Short term)

PCJEWELLER (NSE Code) Signal : MULTIPLE SUPORT LEVELS BREACHED WITH HIGHER VOLUME. Stop Loss : 400 Target : 335 (Short term)

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