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...
Technical Analysis of GLENMARK & RADICO 1. Stock name: Glenmark Pharmaceuticals Ltd. Pattern: Flag and pole pattern Time frame: Weekly Observation: Experiencing a swift ascent from March 2023 to September 2023, the stock then underwent a consolidation phase, adopting a sideways trajectory until Janu...
Technical Analysis of APLLTD & GRAPHITE 1. Stock name: Alembic Pharmaceuticals Ltd. Pattern: Inverse head and shoulder pattern Time frame: Weekly Observation: Since December 2020, the stock has experienced a decline. Between January 2022 and January 2024, it exhibited an inverse head and shoulder pa...
Technical Analysis of BHEL & GUJGASLTD 1. Stock name: Bharat Heavy Electricals Ltd. Pattern: Rounding bottom pattern Time frame: Monthly Observation: Since 2007, the stock has experienced a continuous decline. Over the period from January 2015 to January 2024, a rounding bottom pattern has emerged o...