Technical Analysis Blog

Stock Tips for 31st May 2021

SELL HEG (NSE Symbol) Sell @ 2162.25 or Below after cooling period SIGNAL : TRIPLE BOTTOMS BREACHED WITH HIGHER VOLUME. Stop Loss : 2219.65 Target : 2117.05 (Short term)

sell heg
Heg Share Price Chart

HOT BUZZING STOCKS (31.05.2021)

NSE SYMBOL      CLOSING RATE

MAZDA    682.85
TIDEWATER    8664.95
HITECHGEAR    232.30
REDINGTON    219.75
SORILINFRA    159.35
RUCHI    1071.30
TIPSINDLTD    944.35
KIOCL    246.55
TEXMOPIPES    56.65
LYKALABS    69.65
NDTV    77.35
THOMASCOOK    58.20
RELINFRA    64.60

Strategy: TODAY’S PENNANT BREAKOUTS 

BULLISH PENNANT BREAKOUT OF 15  DAY’S HIGH OF FIRST TALLEST CANDLE (FROM CURRENT DAY – 5 DAYS)

SYMBOLNO. OF
TRADES
15 DAY’S
HIGH
 CLOSE % DIF
FORTIS70842229.70230.100.17
CANBK (F&O)204690157.65161.902.63
MASTEK350821927.001989.303.13

BEARISH PENNANT BREAKDOWN OF 15  DAY’S LOW OF FIRST TALLEST CANDLE (FROM  CURRENT DAY – 5 DAYS)

 SYMBOLNO. OF
TRADES
15 DAY’S
LOW
 CLOSE % DIF
BORORENEW17615274.50272.900.59

Strategy : IMMINENT  PENNANT BREAKOUTS  (Short term)

1% GREATER THAN 15  DAY’S MID VALUE OF FIRST TALLEST CANDLE (FROM CURRENT DAY – 5 DAYS)

SYMBOLNO. OF TRADESBUY @ or ABOVESTOP LOSSTARGET CLOSETOP OF
TALLEST CANDLE
 % DIF
INDUSINDBK (F&O)948021024.00984.881055.721019.351020.00-0.06
APOLLOTYRE (F&O)33550225.00206.74240.13223.60225.00-0.63
GSPL28334280.56260.15297.41278.55281.05-0.90
SBILIFE (F&O)32561984.39946.041015.51976.85988.80-1.22
SIEMENS (F&O)183082047.561992.392092.022037.202073.75-1.79

1% LESSER THAN 15  DAY’S MID VALUE OF FIRST TALLEST CANDLE (FROM  CURRENT DAY – 5 DAYS)

SYMBOLNO. OF TRADESSELL @ or BELOWSTOP LOSSTARGET CLOSEBOTTOM OF
TALLEST CANDLE
 % DIF
DRREDDY (F&O)860845184.005271.755114.815194.555160.000.67
GUJGASLTD (F&O)12852506.25534.50484.24510.70506.000.92
ADANIENT (F&O)587201296.001340.721260.881302.601283.901.44

Strategy : PENNANT TRIANGLE  PATTERN (Algorithmic/Intraday/Short term)

PERFECT PENNANT TRIANGLE  (In the increasing order of closeness to the top of the first tallest candlestick from the current day – 5 Days)

SYMBOL% DIF
SUVENPHAR2.03%
ULTRACEMCO (F&O)2.37%
DEEPAKNTR (F&O)2.38%
ITI4.21%
RAJESHEXPO4.28%
GRINDWELL5.07%
GODREJCP (F&O)5.60%
AARTIIND (F&O)6.57%
RAJESHEXPO6.73%
NH7.39%
GODREJAGRO7.79%
KSCL8.97%
GLAND9.01%
GODREJIND15.80%

IMPERFECT PENNANT TRIANGLE STOCKS  (One/Two violations) (In the increasing order of closeness to the top of the first tallest candlestick from the current day – 5 Days)

SYMBOL% DIF
INDUSINDBK (F&O)0.06%
TATACONSUM (F&O)0.16%
DIXON0.35%
DEEPAKFERT0.46%
ATULAUTO0.54%
VENKEYS0.62%
APOLLOTYRE (F&O)0.63%
KIRIINDUS0.77%
GSPL0.90%
ITI0.94%
SBILIFE (F&O)1.22%
SIEMENS (F&O)1.79%
BHARTIARTL (F&O)1.85%
GUJGASLTD (F&O)2.02%
LUPIN (F&O)2.06%
SRTRANSFIN (F&O)2.26%
PRESTIGE2.46%
TATAPOWER (F&O)2.52%
KEI2.52%
NAHARPOLY2.69%
VIPIND2.69%
HATSUN2.96%
NIACL3.12%
TATAMOTORS (F&O)3.37%
BEML3.52%
JKTYRE3.54%
GRINDWELL3.57%
GHCL3.66%
ADANIENT (F&O)3.76%
COALINDIA (F&O)3.81%
DRREDDY (F&O)3.92%
HINDALCO (F&O)4.10%
POWERGRID (F&O)4.24%
RALLIS4.42%
ALKEM (F&O)4.45%
NH4.67%

Strategy : TRIANGLE  PATTERN (Intraday/Short term)  

DALMIASUG    Sell @ 320 or Below

EIDPARRY       Sell @ 414 or Below

RAJESHEXPO Sell @ 514 or Below

Strategy : INSIDE CANDLES(Intraday/Short term)

NIL

Strategy : SPINNING TOPS  (Short Term)

(Doji Candlestick pattern near minor Top or Bottom)   

DABUR (F&O) Buy @ 534.75 or Above

BATAINDIA (F&O) Sell @ 1540.55 or Below

Strategy : NR4/NR7 BREAKOUT (EITHER WAY INTRADAY)

PREVIOUS 3 TRADING DAYS CANDLE HEIGHT SHRINKING STOCKS

JKIL

JYOTHYLAB

MHRIL

MOTHERSUMI (F&O)

TATAELXSI

ZENSARTECH,

PREVIOUS 6 TRADING DAYS CANDLE HEIGHT SHRINKING STOCKS

NIL

Strategy : CONSOLIDATING STOCKS (Trade on Day sentiment)

Closing Level Consolidation

BALMLAWRIE

BIOCON (F&O)

DIVISLAB (F&O)

GLENMARK (F&O)

GODREJPROP (F&O)

HINDUNILVR (F&O)

INDUSTOWER (F&O)

ITC (F&O)

KARDA

MAJESCO

RAJESHEXPO

TORNTPHARM (F&O)

Higher Level Consolidation

BALMLAWRIE

BIOCON (F&O)

BRITANNIA (F&O)

CIPLA (F&O)

DRREDDY (F&O)

HINDUNILVR (F&O)

MOIL

RAJESHEXPO

TATACONSUM (F&O)

TORNTPHARM (F&O)

Lower Level Consolidation

AARTIIND (F&O)

BALMLAWRIE

BIOCON (F&O)

DIVISLAB (F&O)

EIDPARRY

FORTIS

GICHSGFIN

GUJGASLTD (F&O)

INDIANB

LUPIN (F&O)

MAJESCO

MINDAIND

NCLIND

RAJESHEXPO

TORNTPHARM (F&O)

ULTRACEMCO (F&O)

Strategy : BREAKOUT STOCKS WITH GAPS

GAP UP BREAKOUT STOCKS

REDINGTON

SHREYAS

GAP DOWN BREAKOUT STOCKS

AMRUTANJAN

HEG

KOPRAN

Strategy : ENGULFING STOCKS

BULLISH ENGULFING

SKMEGGPROD

BEARISH ENGULFING

ALEMBICLTD

ANANTRAJ

CROMPTON

DWARKESH

ICICIBANK (F&O)

VEDL (F&O)

Strategy : MARUBOZU STOCKS

BULLISH MARUBOZU PATTERN

SORILINFRA

BEARISH MARUBOZU PATTERN

NIL

Strategy : BELLHOLD STOCKS

BULLISH BELLHOLD PATTERN

RUBYMILLS

TCI

BEARISH BELLHOLD PATTERN

AEGISCHEM

BALRAMCHIN

BOROLTD

DATAMATICS

SURYODAY

VERTOZ

Strategy : GARTLEY SIGNAL(W & M Patterns)(INTRADAY )

BUY RECOMMENDATION AT LOWER LEVELS

TRIGYN

SELL RECOMMENDATION AT HIGHER LEVELS

NIL

Strategy :  Swing Trading (FOR THE ATTENTION OF SWING TRADERS )

BUY  RECOMMENDATION IF THE MARKET IS BULLISH

APTECHT

AUROPHARMA (F&O)

BAJAJ-AUTO (F&O)

BHARATFORG (F&O)

CANFINHOME

CHENNPETRO

DOLAT

EMAMILTD

FDC

HDFCBANK (F&O)

HINDZINC

INDIGO (F&O)

INFY (F&O)

M&M (F&O)

RIIL

SBICARD

SEAMECLTD

SHALPAINTS

SIS

SUNTV (F&O)

VOLTAS (F&O)

SELL RECOMMENDATION IF THE MARKET IS BEARISH

COROMANDEL

EXIDEIND (F&O)

HDFCLIFE (F&O)

IRB

SWSOLAR

TWL

STOCKS TO BUY FOR INTRADAY       
SCRIP NAME (NSE CODE)PREVIOUS CLOSEBUY AT / ABOVESTOP LOSSTARGET 1TARGET 2TARGET 3TARGET 4
        
AMARAJABAT (F&O)743.75749.39742.56755.87762.76769.68776.63
WIPRO (F&O)538.70540.56534.77546.12551.97557.86563.78
SHIVAMILLS62.5564.0062.0265.9868.0370.1172.21
UTIAMC761.15763.14756.25769.68776.63783.61790.62
ALKEM (F&O)2957.302970.252956.642982.402996.063009.763023.49
STOCKS TO SELL FOR INTRADAY       
SCRIP NAME (NSE CODE)PREVIOUS CLOSESELL AT / BELOWSTOP LOSSTARGET 1TARGET 2TARGET 3TARGET 4
       
CHEMCON442.20441.00446.27435.98430.78425.60420.46
EPL227.05225.00228.77221.38217.67214.00210.36
NH430.40425.39430.56420.46415.35410.27405.22
IOLCP667.00663.06669.52656.97650.58644.21637.88
VOLTAS (F&O)1000.451000.141008.06992.75984.88977.05969.25

INTRADAY BUY RECOMMENDATIONS IN THE DESCENDING ORDER OF TRADED VOLUME

SYMBOLVOLUMECLOSING PRICEBUY ABOVESTOP LOSSTARGET1TARGET2TARGET3TARGET4
         
RBLBANK (F&O)14369947216.25217.56213.89221.15224.89228.65232.45
ADANIPORTS (F&O)13623565776.15777.02770.06783.61790.62797.66804.74
M&MFIN (F&O)11777561159.75162.56159.39165.68168.92172.18175.47
M&M (F&O)11638455845.85848.27841.00855.13862.46869.81877.20
PFC (F&O)10895627120.50121.00118.27123.70126.50129.33132.18
HAPPSTMNDS9845189876.10877.64870.25884.62892.07899.55907.06
BANDHANBNK (F&O)7640254303.50306.25301.89310.49314.90319.36323.84
RECLTD (F&O)5728651146.15147.02144.00149.99153.06156.17159.31
ABFRL4948409191.05192.52189.06195.90199.42202.96206.54
ONMOBILE4884501128.60129.39126.56132.18135.07137.99140.95
TATACHEM (F&O)4321419708.55708.89702.25715.20721.90728.64735.40
IEX3342542361.25365.77361.00370.38375.20380.06384.95
CUMMINSIND (F&O)3272553791.05798.06791.02804.74811.84818.98826.15
VGUARD3105831269.85272.25268.14276.25280.42284.62288.86
ICICIPRULI (F&O)2950615546.70552.25546.39557.86563.78569.73575.71
ARVINDFASN2713863147.10150.06147.02153.06156.17159.31162.48
GRASIM (F&O)26898381465.451472.641463.061481.511491.141500.811510.51
CCL2588564364.70365.77361.00370.38375.20380.06384.95
SCHNEIDER2453820130.20132.25129.39135.07137.99140.95143.93
BSE2434619936.75937.89930.25945.09952.79960.52968.28
SHALBY2196434172.05172.27169.00175.47178.80182.16185.55
ICICIGI (F&O)20927321484.051491.891482.251500.811510.511520.241530.00
HINDOILEXP1813137101.25102.52100.00105.01107.59110.19112.83
DOLLAR1547102343.40346.89342.25351.39356.09360.82365.58
HSIL1495806235.00236.39232.56240.13244.02247.94251.89

INTRADAY SELL RECOMMENDATIONS IN THE DESCENDING ORDER OF TRADED VOLUME

SYMBOLVOLUMECLOSING PRICESELL BELOWSTOP LOSSTARGET1TARGET2TARGET3TARGET4
         
SUNPHARMA (F&O)28316552669.75669.52676.00663.39656.97650.58644.21
BEL (F&O)14875105144.85144.00147.02141.09138.13135.21132.32
JAICORPLTD5877478111.45110.25112.89107.69105.12102.57100.05
TVSMOTOR (F&O)4857631619.70618.77625.00612.87606.69600.55594.44
GSFC3956022114.25112.89115.56110.31107.69105.12102.57
WOCKPHARMA3684015658.45656.64663.06650.58644.21637.88631.58
INDIACEM3632693181.95178.89182.25175.65172.35169.08165.85
TATACOFFEE3470360179.85178.89182.25175.65172.35169.08165.85
RAIN3156728178.20175.56178.89172.35169.08165.85162.64
BURGERKING2751795146.90144.00147.02141.09138.13135.21132.32
GATI2188206118.10115.56118.27112.95110.31107.69105.12
PRAJIND2092031334.50333.06337.64328.68324.16319.68315.22
MAXHEALTH1958601224.55221.27225.00217.67214.00210.36206.74
TIRUMALCHM1907263132.75132.25135.14129.46126.63123.83121.06
GRAPHITE1639454745.00742.56749.39736.13729.36722.63715.92
ALEMBICLTD1489181129.25126.56129.39123.83121.06118.32115.62
NOCIL1335005202.00199.52203.06196.10192.61189.16185.73
EASEMYTRIP1299970278.55276.39280.56272.39268.27264.19260.15
SPARC1206430223.70221.27225.00217.67214.00210.36206.74
KOPRAN1204476186.80185.64189.06182.34178.98175.65172.35
HEMIPROP1200876132.40132.25135.14129.46126.63123.83121.06
EIHOTEL1174802110.45110.25112.89107.69105.12102.57100.05
BODALCHEM1163883103.10102.52105.06100.0597.5695.1192.69
JTEKTINDIA1084134109.50107.64110.25105.12102.57100.0597.56
JKLAKSHMI1071458537.65534.77540.56529.26523.53517.82512.15
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