Technical Analysis of LEMONTREE & MARUTI Stock name: Lemon Tree Hotels Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: In our blog dated December 10, 2024 (link for reference), we noted the stock forming a double bottom pattern on its daily chart. Following a breakout on December ...
Zen Technologies: Pioneering India's Defense Training Revolution In an era where defense modernization and self-reliance have become national priorities, Zen Technologies Limited stands out as a remarkable success story in India's defense technology sector. Let me share a detailed analysis of this c...
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 APLLTD & DIVISLAB Stock name: Alembic Pharmaceuticals Ltd. Pattern: Resistance breakout and retest Time frame: Weekly Observation: Following the post-COVID market crash, the stock saw a strong upward movement and reached a new all-time high (ATH) in December 2020. It formed res...
Technical Analysis of Affle and Lupin Stock name: Affle (India) Ltd. Pattern: Resistance breakout Time frame: Monthly Observation: The stock had been seen consolidation from February 2021 onwards. This has led to movement in a parallel channel on the monthly chart. In the month of August 2024, the s...