Stock Gems

Today i am going todo a technical analysis of s h kelkar and company limited (SHK) stock. We have seen a lot of fall in this stock but this is still a good stock for short term earning. You can earn with this stock 10 points at least at this stage. MACD indicator shown that it is about to cross over and RSI is also up of the number 30 and if we see the volume graph, Almost seller gone and it is now the opportunity for the buyers to enter. So if on May 18, 2020, market will be up and MACD cross over then we can see the up move to 10 points within week or 2.

After lot of ups and downs in the Sun Pharmaceutical Industries Limited stock. Today in hourly chart it made up a Head and Shoulders pattern. So if it moves down below 448.65, we can see a huge fall in price upto 448.65. So if you have this stock, keep an eye on it.

HINDPETRO following a way long trendline from sometime in down trend, but after breaking the trendline in upward direction. It is now providing as a support trendline line. It is nearby the support after touching the 200 range. Today movement will decide whether it will be bullish or bearing. If it jump back then, it is right time take short term profit.