Technical Analysis Blog

Short Term Trading Tips for the week from 8th July 2019

STOCKS WITH BUY SIGNAL

CAPACITE (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 260 Target : 290 (Short term)

INTELLECT (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 255 Target : 280 (Short term)

JKTYRE (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 74 Target : 85 (Short term)

ITC (NSE Code) Signal : Trend line crossed with higher volume. Hammer pattern formation near minor top. Stop Loss : 270 Target : 290 (Short term) Also watch other FMCG stocks such as HINDUNILVR, COLPAL & GODREJCP Etc.

LINDEINDIA (NSE Code) Signal : Triple tops crossed with higher volume. Stop Loss : 500 Target : 545 (Short term)

STOCKS WITH SELL SIGNAL

INDIANHUME (NSE Code) Signal : Bearish engulfing pattern near minor top with higher volume. Stop Loss : 330 Target : 300 (Short term)

KRBL (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 275 Target : 230 (Short term)

SRIPIPES (NSE Code) Signal : Bearish engulfing pattern near minor top. Stop Loss : 202 Target : 170 (Short term)

LUMAXTECH (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 115 Target : 90 (Short term)

POLYCAB (NSE Code) Signal : Dark clouds formation near minor top with higher volume. Stop Loss : 640 Target : 600 (Short term)

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