Technical Analysis of RAINBOW and RBLBANK Stock name: Rainbow Childrens Medicare Ltd. Pattern: Inverse head and shoulders pattern Time frame: Daily Observation: Referring to the previous blog (link for reference), the stock formed an inverse head-and-shoulders pattern on its daily chart and broke ou...
Technical Analysis of HONAUT and RTNINDIA Stock name: Honeywell Automation India Ltd. Pattern: Head and shoulders pattern Time frame: Daily Observation: The stock’s overall trend has remained upward, but between May and October 2024, it formed a head and shoulders pattern on the daily chart. On Octo...
Technical Analysis of AMBER and CUB Stock name: Amber Enterprises India Ltd. Pattern: Cup and handle Time frame: Daily Observation: Referring to the previous blog on October 3, 2024 (link for reference), the stock had formed a cup and handle pattern on its daily chart, with a breakout confirmed on S...
NIFTY 30,000: From Dream to Reality? Hey investors! Remember when NIFTY hitting 20,000 seemed like a distant dream? Well, here we are, discussing the possibility of NIFTY touching 30,000. Let's break down this exciting journey and see what the future might hold! 🚀 A Quick Flashback Back in November...
Technical Analysis of INDUSINDBK and KAJARIACER Stock name: IndusInd Bank Ltd. Pattern: Support breakdown (Parallel channel) Time frame: Daily Observation: The stock has been in a downward trend since January 2024, moving within a parallel channel on its daily chart until October. However, it broke ...