Reliance Industries | Consolidation Breakout | Latest stock market news

access_time 2023-01-10T06:55:47.872Z face CA Rachana Ranade
Reliance Industries | Consolidation Breakout | Latest stock market news (3 minutes read) Stock name: Reliance Industries Pattern: Consolidation Breakout Time frame: Daily Observation: Reliance Industries has given a consolidation breakout and formed a strong bullish candle yesterday which may indica...

IDBI Bank | Multi-year breakout | Latest stock market news

access_time 2023-01-09T06:14:31.868Z face CA Rachana Ranade
IDBI Bank | Multi-year breakout | Latest stock market news (3 minutes read) Stock name: IDBI Bank Pattern: Multi-year breakout Time frame: Monthly Observation: Below is the chart of IDBI Bank on a monthly time frame. As we can clearly see, the level of 51 had acted as a very strong support in the ea...

Sigachi Industries | Near a resistance | Latest stock market news

access_time 2023-01-06T08:30:08.13Z face CA Rachana Ranade
Sigachi Industries | Near a resistance | Latest stock market news (3 minutes read) Stock name: Sigachi Industries Pattern: Near a resistance Time frame: Daily Observation: Sigachi industries, after a block buster listing on the stock exchanges, had a free fall of over 60% from the top. It has been c...

Ambuja Cements | Double bottom | Latest stock market news

access_time 2023-01-03T07:07:28.895Z face CA Rachana Ranade
Ambuja Cements | Double bottom | Latest stock market news (3 minutes read) Stock name: Ambuja Cements Pattern: Double bottom Time frame: Daily Observation: The stock after rising very quickly in the previous quarter, has now gone into a consolidation. It witnessed severe selling pressure in the rece...

NMDC | Cup and Handle pattern | Latest stock market news

access_time 2023-01-02T08:34:09.385Z face CA Rachana Ranade
NMDC | Cup and Handle pattern | Latest stock market news (3 minutes read) Stock name: NMDC Pattern: Cup and Handle pattern Time frame: Daily Observation: NMDC stock has formed a cup and handle pattern in the daily time frame. This is a bullish continuation pattern and once the stock crosses the neck...