Technical Analysis Blog

Short Term Recommendations for Stocks to Buy and Sell for the week from 3rd October 2016

STOCKS WITH BUY SIGNAL

MGL (NSE Code) Signal : Double tops crossed with higher volume. Stop Loss : 637 Target : 685 (Short term) Also watch IGL

DISHMAN (NSE Code) Signal : Higher tops higher bottoms formation with increased volume. Stop Loss : 230 Target : 285 (Short term)

HTMEDIA (NSE Code) Signal : Bullish engulfing pattern near minor bottom. Stop Loss : 75 Target : 90 (Short term) Also watch TVTODAY

SHALPAINTS (NSE Code) Signal : Channel pattern near minor top. Stop Loss : 175 Target : 210 (Short term)

HINDZINC (NSE Code) Signal : Multiple tops crossed. Stop Loss : 220 Target : 250 (Short term)

TATAMOTORS (NSE Code) Signal : Channel pattern. Bullish break out expected any time. Stop Loss : 510 Target : 560 (Short term)

BUTTERFLY (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 180 Target : 220 (Short term)

STOCKS WITH SELL SIGNAL

SADBHAV (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 290 Target : 270 (Short term)

HINDCOPPER (F&O) (NSE Code) Signal : Stock in news. Run away gap down break out. Stop Loss : 65 Target : 54 (Short term)

ALKEM (F&O) (NSE Code) Signal : Free fall from historic top with very high volume. Stop Loss : 1800 Target : 1550 (Short term)

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