Technical Analysis Blog

Short Term Capital Market Tips for the week from 4th June 2018

STOCKS WITH BUY SIGNAL

TATAMOTORS (NSE Code) Signal : Long term support levels reached. Slow turn around possible. Best bet for long term players. Stop Loss : 265 Target : 300 (Short term)

MARUTI (NSE Code) Signal : Triple tops crossed with increased volume. Stop Loss : 8700 Target : 8920 (Short term)

BPCL (NSE Code) Signal : Double tops crossed with lesser volume in a falling market. Stop Loss : 400 Target : 423 (Short term) Also watch other oil marketing companies such as IOC, HINDPETRO Etc.

FRETAIL (NSE Code) Signal : Sideway movement near minor top. Bullish break out expected any time. Stop Loss : 575 Target : 610 (Short term)

SUBROS (NSE Code) Signal : Previous top crossed with higher volume. Stop Loss : 315 Target : 340 (Short term)

STOCKS WITH SELL SIGNAL

BBTC (NSE Code) Signal : Dark cloud near minor top. Stop Loss : 1575 Target : 1500 (Short term)

CAPLIPOINT (NSE Code) Signal : Triple bottoms breached with higher volume. Stop Loss : 475 Target : 390 (Short term)

AXISCADES (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 140 Target : 115 (Short term)

MANPASAND (NSE Code) Signal : Gravestone formation with higher volume. Stop Loss : 200 Target : 182 (Short term)

DEEPIND (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 142 Target : 120 (Short term)

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