Technical Analysis Blog

Weekly Short Term Investment Tips for 6th June 2016

STOCKS WITH BUY SIGNAL

AXISBANK (NSE Code) Signal : Gap up bullish break out with higher volume after consolidation near minor top. Stop Loss : 528 Target : 555 (Short term)

L&TFH (NSE Code) Signal : Flag pattern. Bullish break out expected any time. Stop Loss : 72 Target : 82 (Short term)

IIFL (NSE Code) Signal : Trend line crossed with very high volume. Stop Loss : 212 Target : 236 (Short term)

JKCEMENT (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 590 Target  : 635 (Short term)


NATCOPHARM (NSE Code) Signal : Channel break out near minor top with higher volume. Stop Loss : 490 Target : 540 (Short term)

THYROCARE (NSE Code) Signal : Sideways movement near minor top. Bullish break out expected any time. Stop Loss : 600 Target : 660 (Short term)

SHARDACROP (NSE Code) Signal : Higher tops higher bottoms formation near minor top. Stop Loss : 350 Target : 400 (Short term)

TCI (NSE Code) Signal : Long term trend line crossed with higher volume. Stop Loss : 285 Target : 325 (Short term)

STOCKS WITH SELL SIGNAL

HDIL (NSE Code) Signal : 13 days DMA curve breached. Bearish engulfing pattern near minor top. Stop Loss : 100 Target : 87 (Short term)

IDEA (NSE Code) Signal : Double bottoms breached with very high volume. Stop Loss : 115 Target : 90 (Short term)

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