Dixon Technologies Q2: Strong Revenue Growth Amid Margin Pressure with Positive Outlook Dixon Technologies saw a stock decline of around 7.5% following its Q2 earnings report, which highlighted a shift in business dynamics affecting profitability. Despite significant revenue growth of 133% to ₹11,53...
Technical Analysis of NESTLEIND and AWL Stock name: Nestle India Ltd. Pattern: Double top pattern Time frame: Daily Observation: Since March 2023, the stock has been on an upward rally but formed a double top pattern between October 2023 and October 2024. A breakdown occurred around October 20, 2024...
Technical Analysis of ELECON and BAJFINANCE Stock name: Elecon Engineering Co. Ltd. Pattern: Double top pattern Time frame: Daily Observation: Since 2022, the stock has been on an upward trend, but it formed a double top pattern from September 2024. Around October 20-21, a breakdown from this patter...
Technical Analysis of USHAMART and KOTAKBANK Stock name: Usha Martin Ltd. Pattern: Parallel channel pattern Time frame: Daily Observation: In the previous blog (please refer here), the stock was noted to be moving within a parallel channel pattern. It previously rebounded from the support line, risi...
Technical Analysis of ICICIGI and BAJAJ-AUTO Stock name: ICICI Lombard General Insurance Company Ltd. Pattern: Double top pattern Time frame: Daily Observation: The stock has been moving upward since June 2024 but formed a double top pattern between August and October 2024. It experienced a breakdow...