Technical Analysis Blog

Short Term Trading Tips for the week from 6th January 2020

STOCKS WITH BUY SIGNAL

SHANKARA (NSE Code) Signal : Bullish breakout of 3 months trend line broken with higher volume. Stop Loss : 350 Target : 392 (Short term)

RITES (NSE Code) Signal : Trying to break the 2 year high with bullish breakout & increased volume. Stop Loss : 295 Target : 320 (Short term)

INDIGO (NSE Code) Signal : Bullish engulfing pattern near minor top after consolidation with very high volume. Stop Loss : 1340 Target : 1390 (Short term)

HGINFRA (NSE Code) Signal : Double tops crossed with higher volume. Stop Loss : 250 Target : 285 (Short term) Also watch other Infra stocks such as IRB, RIIL etc.

BIOCON (NSE Code) Signal : Double tops crossed with higher volume. Stop Loss : 290 Target : 312 (Short term)

ZENSARTECH (NSE Code) Signal : Double tops crossed with higher volume. Stop Loss : 180 Target : 200 (Short term)

STOCKS WITH SELL SIGNAL

MAITHANALL (NSE Code) Signal : Dark clouds formation after bullish break out with increased volume. Stop Loss : 585 Target : 540 (Short term)

SHARDACROP (NSE Code) Signal : Dark clouds formation after bullish break out with increased volume. Stop Loss : 310 Target : 265 (Short term)

MAANALU (NSE Code) Signal : Dark clouds formation after bullish break out with increased volume. Stop Loss : 77 Target : 65 (Short term)

ASIANPAINT (NSE Code) Signal : 13 days ma curve & previous bottom break down with higher volume. Stop Loss : 1785 Target : 1720 (Short term)

Exit mobile version