Technical Analysis Blog

Short Term Capital Market Tips for the Week from 4th December 2017

STOCKS WITH BUY SIGNAL

SOBHA (NSE Code) Signal : Crossing 4 year high and consolidating near minor top for a bullish break out. Stop Loss : 570 Target : 610 (Short term)

TATAGLOBAL (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 270 Target : 300 (Short term) Also watch other Tea and Coffee stocks such as JAYSREETEA, MCLEODRUSS, PKTEA, COFFEEDAY, TATACOFFEE, HARRMALAYA etc

JUBILANT (NSE Code) Signal : Long term trend line crossed with gap up break out, higher volume. Stop Loss : 670 Target : 718 (Short term)

BIOCON (NSE Code) Signal : Bullish gap up break out with higher volume. Stop Loss : 435 Target : 465 (Short term)

STOCKS WITH SELL SIGNAL

INDOCO (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 271 Target : 250 (Short term)

ESCORTS (NSE Code) Signal : Bearish engulfing pattern with increased volume. Stop Loss : 730 Target : 670 (Short term)

SUBROS (NSE Code) Signal : Triple bottoms breached with increased volume. Stop Loss : 269 Target : 240 (Short term)

EQUITAS (NSE Code) Signal : Double bottoms & 13 days DMA curve breached with increased volume. Stop Loss : 148 Target : 130 (Short term)

BODALCHEM (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 175 Target : 155 (Short term)

MOIL (NSE Code) Signal : Triple bottoms breached with higher volume. Stop Loss : 245 Target : 215 (Short term)

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