Technical Analysis Of NUVOCO & ALKYLAMINE 1. Stock name: Nuvoco Vistas Corporation Ltd. Pattern: Inverse head and shoulder pattern Time frame: Daily Observation: Since its 2021 listing, the stock had been in a downtrend but recently stabilized. From July to September 2024, it formed an inverse head ...
Technical Analysis of CENTURYPLY & ONGC Stock name: Century Plyboards (India) Ltd. Pattern: Cup and handle Time frame: Daily Observation: As discussed in the previous blog (link to the blog), the stock has formed a cup and handle pattern on its daily chart. It broke out on 26th August 2024 and has b...
Will a US Fed Rate Cut Spark a Bull Run for Indian Markets? Introduction: Imagine a ripple effect starting in a pond due to a stone thrown in it! A small disturbance can create waves that spread far and wide. In the world of finance, this ripple effect is often triggered by decisions made by central...
Technical Analysis Of LXCHEM & BAYERCROP 1. Stock name: Laxmi Organic Industries Ltd. Pattern: Falling wedge pattern Time frame: Weekly Observation: The stock had been trending downward since September 2021 and eventually formed a falling wedge pattern on its weekly chart. In August 2024, it broke o...
Technical Analysis Of CYIENT & PRSMJOHNSN 1. Stock name: Cyient Ltd. Pattern: Flag and pole pattern Time frame: Daily Observation: The stock experienced a strong rise in August 2024, stabilizing from August 21. This created a flag and pole pattern on its daily chart, followed by a breakout on Septem...