Technical Analysis Blog

Short Term Recommendations for the week from 21st August 2017

STOCKS WITH BUY SIGNAL

SHREYAS (NSE Code) Signal : Consolidation after bullish break out. Stop Loss : 370 Target : 410 (Short term)

VBL (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 530 Target : 569 (Short term)

PSPPROJECT (NSE Code) Signal : Consolidation after a break out. Stop Loss : 300 Target : 330 (Short term)

GUJALKALI (NSE Code) Signal : Consolidation after a bullish break out. Stop Loss : 394 Target : 415 (Short term)

STOCKS WITH SELL SIGNAL

MCX (NSE Code) Signal : Gap down free fall with increased volume. Stop Loss : 1050 Target : 1000 (Short term)

INDIGO (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 1290 Target : 1240 (Short term)

FORTIS (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 155 Target : 135 (Short term)

PTC (NSE Code) Signal : Previous bottom breached with increased volume. Stop Loss : 122 Target : 105 (Short term)

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