Technical Analysis of BAJAJFINSV & BAJFINANCE 1. Stock name: Bajaj Finserv Ltd. Pattern: Head and shoulders pattern Time frame: Daily Observation: The stock has seen an upward movement since March 2023. Notably, from September 2023 to February 2024, a head and shoulders pattern emerged on the daily ...
Technical Analysis of BBTC & VBL 1. Stock name: Bombay Burmah Trading Corporation Ltd. Pattern: Cup and handle pattern Time frame: Weekly Observation: Between August 2020 and December 2023, the stock developed a cup and handle pattern on its weekly chart. Towards the end of December 2023, a breakout...
Technical Analysis of KPITTECH & SUVENPHAR 1. Stock name: KPIT Technologies Ltd. Pattern: Flag and pole pattern Time frame: Weekly Observation: The stock exhibited an overall upward trajectory. From September to November 2023, it has experienced a rapid ascent. Following this, there was a consolidat...
Technical Analysis of BANKBARODA & BPCL 1. Stock name: Bank of Baroda Pattern: Rounding bottom pattern Time frame: Monthly Observation: Following its all-time high in January 2015, the stock experienced a downward trend until recently when it began an upward trajectory. Presently, the stock has reac...
Technical Analysis of MGL & AUBANK 1. Stock name: Mahanagar Gas Ltd. Pattern: Resistance breakout Time frame: Monthly Observation: For an extended duration, the stock has fluctuated within the range of Rs. 720 to Rs. 1200, establishing a parallel channel from 2016 to 2024 on its monthly chart. Howev...