Technical Analysis of PNB & COROMANDEL 1. Stock name: Punjab National Bank Pattern: Rounding bottom pattern Time frame: Monthly Observation: The stock has seen a prolonged downward trajectory before stabilizing and recently showing signs of an upward trend. By January 2024, it had surpassed its 2019...
Technical Analysis of GLAXO & ITC 1. Stock name: Glaxosmithkline Pharmaceuticals Ltd. Pattern: Head and shoulders pattern and retest Time frame: Daily Observation: Since December 2023, the stock has surged significantly before stabilizing, forming a head and shoulder pattern on its daily chart. On M...
Technical Analysis of TATACOMM & ORIENTELEC 1. Stock name: Tata Communications Ltd. Pattern: Cup and handle pattern Time frame: Daily Observation: The stock's general trajectory has been upward, notably from September 2023 to April 2024, during which it stabilized and formed a cup and handle pattern...
Technical Analysis of BSE & HDFCAMC 1. Stock name: BSE Ltd. Pattern: Flag and pole pattern Time frame: Weekly Observation: Between September and December 2023, the stock witnessed a significant surge followed by consolidation, forming a flag and pole pattern on its weekly chart until March 2024. Tow...
Technical Analysis of GOCOLORS & INDIGOPNTS 1. Stock name: Go Fashion (India) Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: Since September 2023, the stock has trended downwards but stabilized between January 2024 and March 2024. Notably, a double bottom pattern emerged on its d...