Technical Analysis of BHARATFORG and JSWENERGY Stock name: Bharat Forge Ltd. Pattern: Head and shoulders pattern Time frame: Daily Observation: The stock experienced a sharp upward rally starting in February 2024, reaching its all-time high (ATH) around June 2024. It then cooled off, forming a head-...
Technical Analysis of HINDALCO and AWL Stock name: Hindalco Industries Ltd. Pattern: Head and shoulders pattern Time frame: Weekly Observation: The stock has been in an uptrend since June 2022 but formed a head and shoulders pattern on the weekly chart between April 2024 and December 2024. A breakou...
Technical Analysis of MRPL and PRAJIND Stock name: Mangalore Refinery & Petrochemicals Ltd. Pattern: Support and reversal Time frame: Daily Observation: The stock experienced a downtrend from February to October 2024, followed by stabilization and consolidation, leading to the formation of a strong ...
Technical Analysis of PRINCEPIPE and GICRE Stock name: Prince Pipes and Fittings Ltd. Pattern: Double top pattern Time frame: Monthly Observation: The stock experienced a strong upward movement since its listing but formed a double-top pattern on the monthly chart between April 2021 and October 2024...
Technical Analysis of LINDEINDIA and INDIACEM Stock name: Linde India Ltd. Pattern: Double top pattern and retest Time frame: Daily Observation: Since the post-COVID rally, the stock has been in an uptrend but formed a double-top pattern on its daily chart between April and November 2024. A breakdow...