Technical Analysis of EXIDEIND & RITES 1. Stock name: Exide Industries Ltd. Pattern: Double bottom pattern Time frame: Weekly Observation: Since August 2018, the stock has witnessed a substantial decline. Notably, between May 2019 and June 2023, a double bottom pattern materialized on its weekly cha...
Technical Analysis of PERSISTENT & SUMICHEM 1. Stock name: Persistent Systems Ltd. Pattern: Cup and handle pattern Time frame: Weekly Observation: Over the period spanning from April 2020 to January 2022, the stock displayed a substantial upward trend. However, from January 2022 to August 2023, it u...
Technical Analysis of EPL & SYMPHONY 1. Stock name: EPL Ltd. Pattern: Head and shoulders pattern and retest Time frame: Daily Observation: Since February 2023, the stock has been on an upward trajectory. Between May and September 2023, the stock exhibited a head and shoulder pattern on its daily cha...
Technical Analysis of AEGIS LOGISTICS & MAX FINANCIAL 1. Stock name: Aegis Logistics Ltd. Pattern: Double top pattern Time frame: Weekly Observation: Starting in February 2022, the stock experienced a strong upward rally. Nevertheless, from October 2022 to October 2023, it underwent a sideways phase...
Technical Analysis of NATIONAL ALUMINIUM & INGERSOLL 1. Stock name: National Aluminium Co. Ltd. Pattern: Double top pattern and retest Time frame: Daily Observation: Since September 2022, the stock has been on an upward trajectory, but in the period from August 2023 to October 2023, it formed a doub...