Technical Analysis of JSL and TRIVENI Stock name: Jindal Stainless Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: The stock reached its all-time high in July 2024 before entering a cooling-off phase with a downward movement. Between October and December 2024, it formed a double b...
Technical Analysis of NHPC and LEMONTREE Stock name: NHPC Ltd. Pattern: Support and reversal Time frame: Daily Observation: Post the COVID period, the stock has been on an upward trajectory. By late January 2024, a surge in trading volume established a strong support line, which the stock has repeat...
Technical Analysis of ASIANPAINT & KIMS 1. Stock name: Asian Paints Ltd. Pattern: Support breakdown Time frame: Weekly Observation: The stock has been trading within a parallel channel since May 2021. It has seen a sharp downward movement in September 2024. In November 2024, it experienced a signifi...
Defence Sector Stocks - Cochin Shipyard and Bharat Dynamics Both Cochin Shipyard Limited (CSL) and Bharat Dynamics Limited (BDL) have shown remarkable price action over the past year, reflecting the strong momentum in India's defence sector. Let's analyze their technical patterns using Price Action ...
Technical Analysis of CDSL and DATAPATTNS Stock name: Central Depository Services (India) Ltd. Pattern: Resistance breakout Time frame: Daily Observation: The stock reached its previous high on August 23, 2024, and has since been consolidating, forming a resistance level on its daily chart. Despite ...