Technical Analysis Blog

Short Term Stock Tips for the week from 26th May 2020

STOCKS WITH BUY SIGNAL

VINYLINDIA (NSE Code) Signal : Higher tops higher bottoms formation. Previous high crossed with very high volume. Buy above : 83.30 Stop Loss : 75 Target : 90 (Short term)

BALRAMCHIN (NSE Code) Signal : Bullish gap up breakout with higher volume. Buy above : 95.10 Stop Loss : 88 Target : 101 (Short term) Also watch DHAMPURSUG

NEOGEN (NSE Code) Signal : Bullish engulfing pattern with higher volume. Buy above : 473.10 Stop Loss : 450 Target : 485 (Short term)

APOLLOPIPE (NSE Code) Signal : Bullish engulfing pattern near minor bottom with higher volume. Buy above : 310.65 Stop Loss : 290 Target : 325 (Short term)

STOCKS WITH SELL SIGNAL

IRCTC (NSE Code) Signal : Dark cloud formation. Stiff resistance at 1475 level. Sell below : 1415.65 Stop Loss : 1475 Target : 1350 (Short term)

QUICKHEAL (NSE Code) Signal : Bearish gap down breakout with higher volume. Sell below : 102.55 Stop Loss : 110 Target : 95 (Short term)

TCIEXP (NSE Code) Signal : Bell hold pattern near minor bottom with increased volume. Sell below : 529 Stop Loss : 550 Target : 510 (Short term)

ADANIPORTS (NSE Code) Signal : Trend reversal pattern formation. Sell below : 306.25 Stop Loss : 320 Target : 290 (Short term)

Exit mobile version