Technical Analysis Blog

Short Term Stock Recommendations for the week from 16th April 2018

STOCKS WITH BUY SIGNAL

IBVENTURES (NSE Code) Signal : Long term double tops crossed with higher volume. Stop Loss : 295 Target : 335 (Short term)

GPIL (NSE Code) Signal : Consolidation near historic high. Bullish break out expected any time. Stop Loss : 525 Target : 570 (Short term)

ESCORTS (NSE Code) Signal : Monsoon related stock. Bullish break out after consolidation near minor top after consolidation with higher volume. Stop Loss : 930 Target : 970 (Short term)

GSFC (NSE Code) Signal : Triple tops crossed with higher volume. Stop Loss : 122 Target : 134 (Short term) Also watch other fertilizer stocks such as RCF, NFL etc.

PHILIPCARB (NSE Code) Signal : Bullish engulfing pattern near minor bottom. Stop Loss : 1100 Target : 1165 (Short term)

WSTCSTPAPR (NSE Code) Signal : Triple tops crossed with higher volume. Stop Loss : 285 Target : 305 (Short term)

ASHOKLEY (NSE Code) Signal : Triple tops crossed with higher volume. Stop Loss : 144 Target : 155 (Short term)

STOCKS WITH SELL SIGNAL

ATULAUTO (NSE Code) Signal : Triple bottoms breached with increased volume. Stop Loss : 435 Target : 419 (Short term)

RBL (NSE Code) Signal : Bearish engulfing pattern near minor top with higher volume. Stop Loss : 1150 Target : 1075 (Short term)

CUMMINSIND (NSE Code) Signal : Previous bottom breached with increased volume. Stop Loss : 740 Target : 715 (Short term)

Exit mobile version