Technical Analysis Blog

Short Term Trading Tips for the week from 2nd November 2020

STOCKS WITH BUY SIGNAL

RELIANCE (NSE Code) Signal : Bullish channel breakout. Buy Above : 2058.90 Stop Loss : 2003.55 Target : 2103.45 (Short term)

SOBHA (NSE Code) Signal : Morning star formation with higher volume. Buy Above : 293.25 Stop Loss : 272.40 Target : 310.50 (Short term) Also watch GODREJPROP

ZEEL (NSE Code) Signal : Triple tops crossed with higher volume. Buy Above : 189.05 Stop Loss : 172.35 Target : 202.95 (Short term)

GUJGASLTD (NSE Code) Signal : Double tops crossed with higher volume. Buy Above : 297.55 Stop Loss : 276.55 Target : 314.90 (Short term)

OPTIEMUS (NSE Code) Signal : Bullish marubozu trend reversal pattern with higher volume. Buy Above : 102.50 Stop Loss : 90.30 Target : 112.80 (Short term)

ASTEC (NSE Code) Signal : First attempt bullish pennant breakout with higher volume. Buy Above : 1147.50 Stop Loss : 1106.10 Target : 1181.05 (Short term)

STOCKS WITH SELL SIGNAL

MAJESCO (NSE Code) Signal : Spinning top formation near minor top indicating slowdown. Sell Below : 915.05 Stop Loss : 952.80 Target : 885.50 (Short term)

GODREJCP (NSE Code) Signal : Double bottoms breached with higher volume. Sell Below : 663.05 Stop Loss : 695.30 Target : 637.90 (Short term)

WELCORP (NSE Code) Signal : Previous bottom breached with higher volume. Sell Below : 105.05 Stop Loss : 118.20 Target : 95.10 (Short term)

AAVAS (NSE Code) Signal : Previous bottom breached with increased volume. Sell Below : 1425.05 Stop Loss : 1471.90 Target : 1388.25 (Short term)

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