Technical Analysis Blog

Short Term recommendations for the week from 24th August 2015

SELL SINTEX

STOCKS WITH BUY SIGNAL

AMARAJABAT (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 1035 Target : 1100 (Short term)

TORNTPHARM (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 1600 Target : 1675 (Short term)

MPHASIS (NSE Code) Signal : Consolidation near minor top. Bullish break out expected any time. Stop Loss : 405  Target :  445  (Short term) Also watch INTELLECT

CAPLIPOINT (NSE Code) Signal : Previous top crossed with higher volume. Stop Loss : 1370 Target  : 1525 (Short term)

SHRENUJ (NSE Code) Signal : Crossing triple tops after stock split. Stop Loss : 59 Target : 69 (Short term)

TATACOMM (NSE Code) Signal : Trend line crossed with higher volume. Stop Loss : 400 Target : 430 (Short term)

JBCHEPHARM (NSE Code) Signal : Previous top crossed with increased volume in a falling market. Stop Loss : 265 Target : 284 (Short term)

IPAPPM (NSE Code) Signal : Higher tops higher bottoms formation with increased volume. Stop Loss : 342 Target : 375 (Short term)

STOCKS WITH SELL SIGNAL

ENGINERSIN (NSE Code) Signal : Previous bottom breached with increased volume. Stop Loss : 212 Target : 190 (Short term)

SINTEX (NSE Code)  Signal : Previous bottom breached with increased volume.  Stop Loss : 103 Target : 90 (Short term)

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