Technical Analysis Blog

Weekly Short Term Recommendations for investment in stocks from 2nd November 2015

Sell ITC

STOCKS WITH BUY SIGNAL

KOTAKBANK (NSE Code) Signal : Bullish break out after consolidation near minor top with increased volume. Stop Loss : 655 Target : 720 (Short term)

DRREDDY (NSE Code) Signal : Multiple tops crossed near minor top. Stop Loss : 4160 Target :  4390 (Short term)
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NTPC (NSE Code) Signal : Double tops crossed with increased volume. Stop Loss : 126 Target : 142 (Short term)

ATUL (NSE Code) Signal : Multiple tops crossed with higher volume. Stop Loss : 1610 Target : 1725 (Short term)

PRAJIND (NSE Code) Signal : Long legged doji pattern near minor bottom. Stop Loss : 80  Target : 93 (Short term)


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STOCKS WITH SELL SIGNAL

NESTLEIND (NSE Code) Signal : Double bottoms being breached with increased volume. Stop Loss : 6300 Target : 6000 (Short term)

THOMASCOOK (NSE Code) Signal : Double bottoms breached with increased volume. Stop Loss : 207 Target : 192 (Short term)

CHENNPETRO (NSE Code) Signal : Gap down  bearish break out with increased volume. Stop Loss : 226 Target : 195 (Short term)

WOCKPHARMA (NSE Code) Signal : Double bottoms breached with higher volume. Stop Loss : 1535 Target : 1445 (Short term)

ITC (NSE Code) Signal : Previous bottom breached with higher volume. Stop Loss : 350 Target : 325 (Short term)

 

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