Impact of Israel Iran conflict on the Indian Stock Market The frontline indices, Sensex and Nifty 50, lost about 4.5% each this week, marking their worst performance since June 2022. The bulk of the decline came from a 2% drop on Thursday. After three consecutive weeks of positive returns, the indic...
Technical Analysis of SYNGENE and ECLERX Stock name: Syngene International Ltd. Pattern: Cup and handle pattern and retest Time frame: Daily Observation: Since the post-Covid period, the stock has experienced significant upward movement. Between September 2023 and August 2024, it formed a cup and ha...
Technical Analysis of RADICO and AMBER Stock name: Radico Khaitan Ltd. Pattern: Cup and handle pattern Time frame: Daily Observation: According to the blog from 4th September 2024 (link for reference), this stock formed a cup and handle pattern on its daily chart from 25th June to 30th August 2024. ...
Technical Analysis of EPL and ASAHIINDIA Pattern: Double bottom pattern Time frame: Weekly Observation: The stock had been in a downward trend since August 2020 before stabilizing and forming a double bottom pattern on its weekly chart. In August 2024, it broke out of this pattern with solid volume,...
Cup and Handle Pattern Introduction: In the vast landscape of technical analysis, patterns emerge as valuable tools for traders seeking to understand market movements and make informed decisions. Among these patterns, the cup and handle pattern stands out as a reliable indicator of potential bullish...