Technical Analysis Blog

Short Term Recommendations for the week from 29th February 2016

STOCKS WITH BUY SIGNAL

TNPL (NSE Code) Signal : Long legged doji with higher volume near minor bottom. Stop Loss : 180 Target : 215 (Short term)

BFINVEST (NSE Code) Signal : Distribution pattern near minor top after gap up bullish break out. Stop Loss : 116 Target : 138 (Short term)

OBEROIRLTY (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 212 Target : 236 (Short term)

STOCKS WITH SELL SIGNAL

NH (NSE Code) Signal : Previous bottom breached with very high volume. Stop Loss : 292 Target : 270 (Short term)

PCJEWELLER (NSE Code) Signal : Trend line crossed with very high volume. Stop Loss : 345 Target : 310 (Short term)

MCDOWELL-N (NSE Code) Signal : Evening star formation. To be confirmed on the next day. Stop Loss : 2825 Target :  2655 (Short term)

SIMPLEXINF (NSE Code) Signal : Previous bottoms breached with higher volume. Stop Loss : 212 Target : 180 (Short term)

TATAELXSI (NSE Code) Signal : Multiple support levels being breached with higher volume. Stop Loss : 1750 Target : 1575 (Short term)

GRANULES (NSE Code) Signal : Bearish engulfing pattern with higher volume. Stop Loss : 114 Target : 95 (Short term)

APLAPOLLO (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 590 Target : 545 (Short term)

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