Technical Analysis Blog

Short Term Investment Tips for the week from 7th December 2015

Sell IIFL

STOCKS WITH BUY SIGNAL

SUNPHARMA (NSE Code) Signal : Bullish break out after consolidation with very high volume. Stop Loss : 730 Target : 775  (Short term)

CAIRN (NSE Code) Signal : On the Verge of break out with increased volume. Stop Loss : 130 Target : 150 (Short term)

VALECHAENG (NSE Code) Signal : Run away bullish break out with higher volume. Stop Loss : 50 Target : 65 (Short term) Also watch other engineering stocks such as SADBHAV

VAKRANGEE (NSE Code) Signal : Consolidation near minor top. On the verge of break out. Stop Loss : 150 Target : 175 (Short term)

STOCKS WITH SELL SIGNAL

DABUR (NSE Code) Signal : Free fall bearish break out with increased volume. Stop Loss : 280 Target : 250 (Short term)

AMARAJABAT (NSE Code) Signal : Triple bottoms breached with increased volume. Stop Loss : 875 Target : 820  (Short term)

ITC (NSE Code) Signal : Gap down bearish break out with higher volume. Stop Loss : 343 Target : 325 (Short term)

HDFC (NSE Code) Signal : Gap down bearish break out with higher volume. Stop Loss : 1222 Target : 1115 (Short term) Also watch other house loan stocks such as LICHSGFIN, DHFL & GICHSGFIN

BANKBARODA (NSE Code) Signal : Triple bottoms breached with increased volume. Stop Loss : 176 Target : 155 (Short term) Also watch other banking stocks such as CANBK & SYNDIBANK

IIFL (NSE Code) Signal : 15 days DMA curve breached with higher volume. Stop Loss : 201 Target :  182 (Short term)

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