Technical Analysis Blog

Short Term Stock Recommendations for the week from 5th November 2018

STOCKS WITH BUY SIGNAL

IOC (NSE Code) Signal : Bullish break out after consolidation near minor top. Stop Loss : 135 Target : 160 (Short term) Also watch other OMCs such as BPCL, HINDPETRO

MARUTI (NSE Code) Signal : Channel break out with higher volume. Stop Loss : 6900 Target : 7325 (Short term)

MOTHERSUMI (NSE Code) Signal : Bottom formation after gap down fall. Stop Loss : 162 Target : 185 (Short term)

STOCKS WITH SELL SIGNAL

AXISBANK (NSE Code) Signal : Evening star formation. Stop Loss : 625 Target : 590 (Short term)

DELTACORP (NSE Code) Signal : Grave stone formation near minor top. Stop Loss : 260 Target : 235 (Short term)

PARAGMILK (NSE Code) Signal : Bearish engulfing pattern near minor top with higher volume. Stop Loss : 275 Target : 245 (Short term)

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