Technical Analysis Blog

Short Term Capital Market Tips for the week from the 8th May 2017

STOCKS WITH BUY SIGNAL

ACC (NSE Code) Signal : Bullish break out after consolidation near minor top with increased volume. Stop Loss : 1620 Target : 1690 (Short term)

IBREALEST (NSE Code) Signal : Consolidation after bullish break out. Stop Loss : 136 Target : 165 (Short term)

JINDWORLD (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 400 Target : 450 (Short term)

JUBILANT (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 740 Target : 782 (Short term)

DBL (NSE Code) Signal : Double tops crossed with higher volume. Stop Loss : 435 Target : 475 (Short term)

DMART   (NSE Code)  Signal : Double tops crossed with higher volume.  Stop Loss  : 780  Target : 825   (Short term)

STOCKS WITH SELL SIGNAL

BIOCON (NSE Code) Signal : Double bottoms likely to be breached. Stop Loss : 1060 Target : 1010 (Short term)

IGL (NSE Code) Signal : 13 days DMA curve & previous bottom breached with increased volume. Stop Loss : 1060 Target : 1000 (Short term)

GREAVESCOT (NSE Code) Signal : 13 days DMA curve & double bottoms breached. Stop Loss : 172 Target : 158 (Short term)

TATAMTRDVR (NSE Code) Signal : 52 week low breached with higher volume. Stop Loss : 275 Target : 230 (Short term)

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