Technical Analysis of BRITANNIA and IOC Stock name: Britannia Industries Ltd. Pattern: Head and shoulders pattern Time frame: Daily Observation: The stock witnessed a significant upward movement starting in April 2024. Between July and November 2024, it formed a head and shoulders pattern on the dai...
Technical Analysis of INTELLECT and SAIL Stock name: Intellect Design Arena Ltd. Pattern: Double top pattern Time frame: Weekly Observation: The stock has been on an upward trajectory since January 2023. From January to October 2024, it formed a double top pattern on the weekly chart and broke down ...
CLSA Turns Overweight on India Amid US-China Trade Tensions CLSA Turns Overweight on India Amid US-China Trade Tensions In the wake of Donald Trump’s re-election as US President, Hong Kong-based brokerage firm CLSA has increased its allocation to Indian equities to a 20% overweight, while cutting it...
Technical Analysis of JBMA and MARICO Stock name: JBM Auto Ltd. Pattern: Double top pattern and retest Time frame: Daily Observation: The stock has been in an uptrend since January 2023, but from January to October 2024, it formed a double top pattern on its daily chart. In late October 2024, the st...
Technical Analysis of TATACONSUM and GODREJCP Stock name: Tata Consumer Products Ltd. Pattern: Double top pattern Time frame: Daily Observation: The stock has been trending upward since April 2023. However, between December 2023 and October 2024, it formed a double top on its daily chart, breaking d...