What’s happening with this bank? Bandhan Bank shares surged over 12% in today's session following the Reserve Bank of India's (RBI) approval of Partha Pratim Sengupta as the new Managing Director (MD) and CEO. Sengupta accepted the role on October 9, 2024, and confirmed on October 10 that he will re...
Technical Analysis of RELIANCE and GAEL Stock name: Reliance Industries Ltd. Pattern: Head and shoulders pattern Time frame: Daily Observation: The stock has been in an upward trend since March 2023, but between May and October 2024, it formed a head and shoulders pattern on the daily chart. A break...
Technical Analysis of LAURUSLABS and PAGEIND Stock name: Laurus Labs Ltd. Pattern: Parallel channel Time frame: Daily Observation: Since April 2023, the stock has been moving upward in a parallel channel. It hit resistance on 16th September 2024 and then moved downward, approaching the channel's sup...
Technical Analysis of APLAPOLLO and RAINBOW Stock name: APL Apollo Tubes Ltd. Pattern: Double bottom pattern and retest Time frame: Daily Observation: Since September 2023, the stock has been trending slightly downward. Between July and September 2024, it formed a double bottom pattern, with a break...
Technical Analysis of JMFINANCIL and APTUS Stock name: JM Financial Ltd. Pattern: Cup and handle pattern Time frame: Daily Observation: According to the blog from September 4, 2024, the stock formed a cup and handle pattern on its daily chart, breaking out at the end of August. Post-breakout, it saw...