Technical Analysis Blog

Short Term Trading Tips for the week from 31st May 2021

STOCKS WITH BUY SIGNAL

VENKEYS (NSE Code) Signal : Bullish pennant breakout with higher volume. Buy Above : 2364.40 Stop Loss : 2305.15 Target : 2412.05 (Short term)

venkeys share price chart

GRINDWELL (NSE Code) Signal : Bullish pennant breakout with higher volume. Buy Above : 1242.55 Stop Loss : 1199.50 Target : 1277.40 (Short term)

grindwell share price

INDUSINDBK (NSE Code) Signal : Consolidation near minor top. Bullish breakout expected any time. Buy Above : 1024 Stop Loss : 984.90 Target : 1055.70 (Short term)

indusindbk share price

SHALBY (NSE Code) Signal : Double tops crossed with higher volume. Buy Above : 172.25 Stop Loss : 156.30 Target : 185.55 (Short term)

shalby share price chart

VIMTALABS (NSE Code) Signal : Trend line crossed with higher volume. Buy Above : 232.55 Stop Loss : 214 Target : 247.95 (Short term)

vimtalabs share price

STOCKS WITH SELL SIGNAL

DRREDDY (NSE Code) Signal : Triple bottoms breached with increased volume. Sell Below : 5184 Stop Loss : 5271.75 Target : 5114.80 (Short term)

drreddy share price

GAEL (NSE Code) Signal : Previous bottom breached with higher volume. Sell Below : 165.75 Stop Loss : 182.15 Target : 153.20 (Short term)

gael share price

SUNPHARMA (NSE Code) Signal : Double bottoms breached with higher volume. Sell Below : 669.50 Stop Loss : 701.90 Target : 644.20 (Short term)

sunpharma share price chart

AMRUTANJAN (NSE Code) Signal : Bearish gap down trendline breakout with increased volume. Sell Below : 695.60 Stop Loss : 728.65 Target : 669.85 (Short term)

amrutanjan share price chart

ICICIBANK (NSE Code) Signal : Bearish engulfing candlestick pattern near minor top after consolidation. Sell Below : 637.55 Stop Loss : 669.20 Target : 612.85 (Short term)

icicibank share price chart
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