Technical Analysis Blog

Short Term Equity Tips for the week from 4th May 2015

Sell HSIL Limited

STOCKS WITH BUY SIGNALS

UPL (NSE Code) Signal : Triple tops crossed with higher volume. Stop Loss : 470 Target : 510 (Short term)

GLENMARK (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 860 Target : 915 (Short term)

CENTURYTEX (NSE Code) Signal : Previous top crossed with increased volume. Stop Loss : 690 Target : 760 (Short term)

MOTHERSUMI (NSE Code) Signal : Previous top crossed with increased volume. Stop Loss : 480 Target : 520 (Short term)

ALBK (NSE Code) Signal : 13 days DMA curve & trend line crossed with higher volume. Stop Loss : 95 Target : 109 (Short term) Also watch VOLTAS, JKTYRE

STOCKS WITH SELL SIGNALS

WELCORP (NSE Code) Signal : Doji formation near minor top with higher volume. Stop Loss : 92 Target : 70 (Short term)

KPIT (NSE Code) Signal : Gap down bearish break out with higher volume. Stop Loss : 115 Target : 92 (Short term) Also watch HEXAWARE

PERSISTENT (NSE Code) Signal : Bearish engulfing pattern near minor top. Stop Loss : 725 Target : 690 (Short term)

IDEA (NSE Code) Signal : Channel break out downwards with increased volume. Stop Loss : 190 Target : 166 (Short term) ALSO WATCH BHARTIARTL

HSIL (NSE Code) Signal : 50 days DMA curve breached with higher volume. Stop Loss : 405 Target : 365 (Short term)

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