Technical Analysis Blog

Weekly Short Term Stock Tips for the week from 7th September 2020

STOCKS WITH BUY SIGNAL

UNICHEMLAB (NSE Code) Signal : Bullish engulfing nr4 breakout with higher volume. Buy Above : 256 Stop Loss : 236.50 Target : 272.10 (Short term)

DCAL (NSE Code) Signal : Bullish engulfing pattern near minor bottom with higher volume. Bullish break out expected any time. Buy Above : 185.65 Stop Loss : 169.10 Target : 199.40 (Short term)

SOMANYCERA (NSE Code) Signal : Bullish engulfing pattern near minor bottom with increased volume. Bullish break out expected any time. Buy Above : 162.55 Stop Loss : 147.10 Target : 175.50 (Short term)

STOCKS WITH SELL SIGNAL

ADANIGREEN (NSE Code) Signal : Hanging man pattern formation after steep rise. Sell Below : 540.55 Stop Loss : 569.75 Target : 517.80 (Short term)

AUBANK (NSE Code) Signal : Bearish gap down break out with higher volume. Sell Below : 656.60 Stop Loss : 688.70 Target : 631.60 (Short term) Also watch CANBK & AXISBANK

GICRE (NSE Code) Signal : Bearish gap down break out with higher volume. Sell Below : 141 Stop Loss : 156.20 Target : 129.45 (Short term)

PEL (NSE Code) Signal : Bearish gap down pennant break out with increased volume. Sell Below : 1287 Stop Loss : 1331.60 Target : 1252 (Short term)

STRTECH (NSE Code) Signal : Grave stone formation after bearish gap down with increased volume. Sell Below : 144 Stop Loss : 159.30 Target : 132.30 (Short term)

ARVINDFASN (NSE Code) Signal : Long upper shadow candle with increased volume. Sell Below : 144 Stop Loss : 159.30 Target : 132.30 (Short term)

DLINKINDIA (NSE Code) Signal : Previous bottom breached with higher volume. Sell Below : 107.65 Stop Loss : 120.95 Target : 97.55 (Short term)

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