Technical Analysis Blog

Short Term Trading Tips for the week from 1st March 2021

STOCKS WITH BUY SIGNAL

SKFINDIA (NSE Code) Signal : Rate of change (ROC) is divergent. Trend reversal is expected. Buy Above : 2232.55 Stop Loss : 2185 Target : 2278.95 (Short term)

TATAELXSI (NSE Code) Signal : Spinning top candlestick formation near minor bottom. Trend reversal expected. Buy Above : 2665.15 Stop Loss : 2602.30 Target : 2715.65 (Short term)

HINDUNILVR (NSE Code) Signal : Relative strength index curve (RSI) is divergent. Likely to reverse the trend. Buy Above : 2139.05 Stop Loss : 2082.70 Target : 2184.50 (Short term)

CARERATING (NSE Code) Signal : Relative strength index curve (RSI) is divergent. Likely to reverse the trend. Buy Above : 467.65 Stop Loss : 441.20 Target : 489.30 (Short term)

GODREJCP (NSE Code) Signal : Relative strength index curve (RSI) is divergent. Likely to reverse the trend. Buy Above : 689.05 Stop Loss : 657 Target : 715.20 (Short term)

BRITANNIA (NSE Code) Signal : Relative strength index curve (RSI) is divergent. Likely to reverse the trend. Buy Above : 3364 Stop Loss : 3293.55 Target : 3420.55 (Short term)

STOCKS WITH SELL SIGNAL

TIINDIA (NSE Code) Signal : Relative strength index curve (RSI) is divergent. Likely to reverse the trend. Sell Below : 1072.5 Stop Loss : 1113.35 Target : 1040.60 (Short term)

ICICIGI (NSE Code) Signal : Double bottoms breached with higher volume. Sell Below : 1425.05 Stop Loss : 1471.90 Target : 1388.25 (Short term)

BHARTIARTL (NSE Code) Signal : Trend line breached with very high volume. Sell Below : 552.25 Stop Loss : 581.75 Target : 529.25 (Short term)

BAJFINANCE (NSE Code) Signal : Trend line breached with higher volume. Sell Below : 5256.25 Stop Loss : 5344.60 Target : 5186.60 (Short term)

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