Technical Analysis Blog

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

STOCKS WITH BUY SIGNAL

GODREJPROP (NSE Code) Signal : Consolidating near minor top. Pennant breakout expected any time. Buy Above : 1048.15 Stop Loss : 1008.55 Target : 1080.25 (Short term)

CDSL (NSE Code) Signal : Second attempt bullish breakout expected soon. Buy Above : 462.25 Stop Loss : 456.90 Target : 483.70 (Short term)

HDFC (NSE Code) Signal : Higher tops, higher bottoms formation near minor top. Buy Above : 2070.25 Stop Loss : 2014.80 Target : 2114.95 (Short term)

DCAL (NSE Code) Signal : Bullish engulfing candle pattern with higher volume. Buy Above : 169 Stop Loss : 153.20 Target : 182.15 (Short term)

JMFINANCIL (NSE Code) Signal : Double tops crossed with higher volume. Sell Below : 81.00 Stop Loss : 70.20 Target : 90.20 (Short term)

EVEREADY (NSE Code) Signal : Spinning top formation in a bullish channel pattern indicating support at the bottom. Buy Above : 135.15 Stop Loss : 121.05 Target : 146.95 (Short term)

STOCKS WITH SELL SIGNAL

SBICARD (NSE Code) Signal : Multiple bottoms breached with higher volume. Sell Below : 805.15 Stop Loss : 840.60 Target : 777.40 (Short term)

MAHEPC (NSE Code) Signal : Previous bottom breached with higher volume. Sell Below : 156.25 Stop Loss : 172.20 Target : 144.05 (Short term)

ULTRACEMCO (NSE Code) Signal : Trend reversal pattern, previous bottom breached. Sell Below : 4489 Stop Loss : 4570.85 Target : 4424.45 (Short term)

SUPREMEIND (NSE Code) Signal : Bearish bell hold pattern near minor top. Sell Below : 1415.65 Stop Loss : 1462.35 Target : 1378.95 (Short term)

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