Technical Analysis Blog

Short Term Stock Tips for the week from 22nd February 2021

STOCKS WITH BUY SIGNAL

INDUSINDBK (NSE Code) Signal : Triple tops crossed with increased volume. Buy Above : 1072.55 Stop Loss : 1032.55 Target : 1105 (Short term)

INDUSTOWER (NSE Code) Signal : Triple tops crossed. Buy Above : 264.05 Stop Loss : 244.25 Target : 280.40 (Short term)

CONCOR (NSE Code) Signal : Higher tops higher bottoms formation with higher volume. Buy Above : 570 Stop Loss : 540.85 Target : 593.85 (Short term)

ASTRAL (NSE Code) Signal : Bullish pennant breakout expected any time. Buy Above : 2036.25 Stop Loss : 1981.25 Target : 2080.60 (Short term)

SKFINDIA (NSE Code) Signal : Bullish pennant breakout expected any time. Buy Above : 2364.40 Stop Loss : 2305.15 Target : 2412.05 (Short term)

DALBHARAT (NSE Code) Signal : Bullish pennant breakout expected any time. Buy Above : 1482.25 Stop Loss : 1435.25 Target : 1520.25 (Short term)

MGL (NSE Code) Signal : Two failed attempts of range breakout. Third attempt is possible. Buy Above : 1190.25 Stop Loss : 1148.10 Target : 1224.40 (Short term)

STOCKS WITH SELL SIGNAL

TATAMTRDVR (NSE Code) Signal : Previous bottom breached with higher volume. Sell Below : 121 Stop Loss : 135.10 Target : 110.30 (Short term)

PRSMJOHNSN (NSE Code) Signal : Previous bottom breached with higher volume. Sell Below : 107.65 Stop Loss : 120.95 Target : 97.55 (Short term)

ADANIENT (NSE Code) Signal : Bearish engulfing candlestick pattern near minor top with higher volume. Sell Below : 777 Stop Loss : 811.85 Target : 749.75 (Short term)

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