Technical Analysis of KSB & MHRIL 1. Stock name: KSB Ltd. Pattern: Head and shoulder pattern Time frame: Daily Observation: Overall trend of the stock has remained in the upward direction. Between January-March 2024 period, the stock's trajectory has stabilized and notably exhibited a head and shoul...
Technical Analysis of NCC & MAHLIFE 1. Stock name: NCC Ltd. Pattern: Rounding bottom pattern Time frame: Monthly Observation: Between January 2008 and February 2024, a rounding bottom pattern emerged on the stock's monthly chart. February 2024 marked a significant breakthrough from this pattern, bac...
Technical Analysis of PCBL & CERA 1. Stock name: PCBL Ltd. Pattern: Double top pattern Time frame: Daily Observation: Post covid pandemic, the stock has consistently shown an upward trajectory. However, between January and February 2024, a double top pattern emerged on its daily chart. A breakout fr...
Technical Analysis of NMDC & EMAMILTD 1. Stock name: NMDC Ltd. Pattern: Rounding bottom pattern Time frame: Monthly Observation: Since January 2010, the stock has experienced a downward trend, followed by a stabilizing phase over an extended period, showing signs of improvement only recently. It has...
Technical Analysis of KANSAINER & HEG 1. Stock name: Kansai Nerolac Paints Ltd. Pattern: Double top pattern Time frame: Weekly Observation: Experiencing an upward trend since April 2023, the stock underwent a stabilization phase and formed a double top pattern from June 2023 to February 2024 on the ...