Technical Analysis Blog

Short Term Capital Market Tips for the week from 23rd May 2016

STOCKS WITH BUY SIGNAL

8KMILES (NSE Code) Signal : Bullish engulfing pattern near minor bottom with higher volume. Stop Loss : 1620 Target : 1850 (Short term)

KTKBANK (NSE Code) Signal : Triple tops crossed with very high volume. Stop Loss : 110 Target : 130 (Short term)

UPL (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 540 Target : 610 (Short term)

SUNDRMFAST (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 154 Target : 172 (Short term)

AMARAJABAT (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 925 Target : 980 (Short term)

STOCKS WITH SELL SIGNAL

LUPIN (NSE Code) Signal : Trend line , previous bottom & 13 days DMA curve breached with increased volume. Stop Loss : 1575 Target : 1450 (Short term)

TRITURBINE (NSE Code) Signal : Dark cloud formation with higher volume. Stop Loss : 112 Target : 100 (Short term)

DEEPIND (NSE Code) Signal : Dark cloud formation near minor top. Stop Loss : 178 Target : 160 (Short term)

ASHOKLEY (NSE Code) Signal : Previous bottom breached with increased volume. Stop Loss : 106 Target : 93 (Short term)

DHFL (NSE Code) Signal : 13 days DMA curve breached. Stop Loss : 196 Target : 174 (Short term)

 

 

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