Technical Analysis Blog

Short Term Stock Tips for the week from 22nd July 2019

STOCKS WITH BUY SIGNAL

BANDHANBNK (NSE Code) Signal : Hammer pattern near minor bottom. Strong recovery expected. Stop Loss : 507 Target : 550 (Short term)

INDIGO (NSE Code) Signal : Consolidation near minor top. Recovery pattern. Stop Loss : 1400 Target : 1515 (Short term)

DABUR (NSE Code) Signal : Consolidation near minor top. Sharp recovery in the offing. Stop Loss : 400 Target : 445 (Short term)

INDUSINDBK (NSE Code) Signal : Near strong support. Trend reversal expected any time. Stop Loss : 1375 Target : 1490 (Short term)

SBILIFE (NSE Code) Signal : Near double bottom support. Trend reversal expected. Stop Loss : 725 Target : 765 (Short term)

SANGHIIND (NSE Code) Signal : Double tops crossed with increased volume. Stop Loss : 58 Target : 70 (Short term)

STOCKS WITH SELL SIGNAL

ULTRACEMCO (NSE Code) Signal : Bearish engulfing pattern with higher volume. Stop Loss : 4475 Target : 4575 (Short term)

LTI (NSE Code) Signal : Triple bottoms breached with increased volume. Stop Loss : 1575 Target : 1475 (Short term)

ORIENTELEC (NSE Code) Signal : Channel break out with higher volume. Stop Loss : 160 Target : 140 (Short term)

AMARAJABAT (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 640 Target : 580 (Short term)

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