Here I am going to update the top 30 Stocks of the BSE 30 index. Every week I am going to update the candlestick and point and figure analysis of of these charts and explain what I am seeing.
| S.No. | Name of the Company | Point and Figure Technical Analysis | |||
| 1. | ACC Limited | Point and Figure chart broke a BEARISH triangle to the downside .Broke +ve Trendline . Definitely not a BUY stock . Trim/reduce you position on every bounce you see kind of stock. | Read More | ||
| 2. | Bharat Heavy Electricals Limited Neutral/Hold ON | Sitting on the +ve UPTREND line. Give some more time for consolidation. Definitely not a SELL stock | READ MORE | ||
| 3. | Bharti Airtel Limited | SELL the heck out of it !!! SELL on every bounce you see. Don’t even think of buying it in the near future. | Read More | ||
| 4. | Dlf Ltd. | Broke the Uptrend line. Currently on Relative Strength SELL… So definitely not a BUY signal stock Trim/reduce you position on every bounce you see kind of stock. | Read More | ||
| 5. | Grasim Industries Ltd. | The stock is on a Relative Strength SELL. But currently sitting on the Bullish Uptrend line. So wait for a bounce upside and trim your position. | Read More | ||
| 6. | Housing Development Finance Corp. Ltd. | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 7. | HDFC Bank Ltd. | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 8. | Hindalco Industries Ltd. | Has broken the UPTREND line . But not as bad as having Relative strength SELL signal. So wait for “sufficient bounce” and then evaluate it’s technical performance. | Read More | ||
9. | ICICI Bank Limited | Severe Resistance at 900. Evaluate your position in that range and check for the technicals to see if it needs to be trimmed. | Read More | ||
| 10. | Infosys Technologies Ltd. | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 11. | IT C Ltd. | I love the stock . When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 12. | Jaiprakash Associates Ltd. | Broke the Uptrend line. Currently on Relative Strength SELL… So definitely not a BUY signal stock Trim/reduce you position on every bounce you see kind of stock. | Read More | ||
| 13. | Larsen & Toubro | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 14. | Mahindra &Mahindra | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 15. | Maruti Udyog | Do nothing . Just HOLD on if you have a position. WAIT , if you are planning to buy. | Read More | ||
| 16. | Ntpc Ltd | Severe Resistance at 200. Don’t like the stock technicals of lower tops and lower bottoms. Trim upon every bounce. | Read More | ||
| 17. | Oil & Natural Gas Corporation Limited | Relative strength has completely weakened. Not a stock BUY .Forming abroadening pattern at the top which is Bad. | Read More | ||
| 18. | RANBAXY LABORATORIES LTD. | HOLD on for now… BUY or Trim position will be decided after some more time | Read More | ||
| 19. | Reliance Inds | SELL the heck out of it !!! SELL on every bounce you see. Don’t even think of buying it in the near future. | Read More | ||
| 20. | Reliance Communications Limited | SELL the heck out of it !!! SELL on every bounce you see. Don’t even think of buying it in the near future. | Read More | ||
| 21. | Reliance Infrastructure Limited | HOLD on for now… BUY or Trim position will be decided after some more time | Read More | ||
| 22. | Satyam Computer | Broke the Uptrend line. Currently on Relative Strength SELL… So definitely not a BUY signal stock Trim/reduce you position on every bounce you see kind of stock. | Read More | ||
| 23. | Sterlite Industries (India) Limited | Broke the Uptrend line. Currently on Relative Strength SELL… So definitely not a BUY signal stock Trim/reduce you position on every bounce you see kind of stock. | Read More | ||
| 24. | Tata Consultancy Services Limited | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 25. | Tata Motors Limited | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 26. | The Tata Power Company Limited Good reward for holding/Consider buying | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
| 27. | Tata Steel Limited | Do nothing. If you are holding wait some time to either add or trim the position.If you don’t own it currently and are planning to buy some hold ON | Read More | ||
| 28. | Wipro Limited | I love the stock . Held above the UpTREND line. When the market bounces upside this is a potential BUY after sufficient technical confirmation. | Read More | ||
