Technical Analysis of CENTURYPLY & ONGC

access_time 2024-09-18T09:27:44.56Z face CA Rachana Ranade
Technical Analysis of CENTURYPLY & ONGC Stock name: Century Plyboards (India) Ltd. Pattern: Cup and handle Time frame: Daily Observation: As discussed in the previous blog (link to the blog), the stock has formed a cup and handle pattern on its daily chart. It broke out on 26th August 2024 and has b...

Will a US Fed Rate Cut Spark a Bull Run for Indian Markets?

access_time 2024-09-16T09:53:13.42Z face CA Rachana Ranade
Will a US Fed Rate Cut Spark a Bull Run for Indian Markets? Introduction: Imagine a ripple effect starting in a pond due to a stone thrown in it! A small disturbance can create waves that spread far and wide. In the world of finance, this ripple effect is often triggered by decisions made by central...

Technical Analysis Of LXCHEM & BAYERCROP

access_time 2024-09-16T06:03:56.925Z face CA RACHANA RANADE
Technical Analysis Of LXCHEM & BAYERCROP 1. Stock name: Laxmi Organic Industries Ltd. Pattern: Falling wedge pattern Time frame: Weekly Observation: The stock had been trending downward since September 2021 and eventually formed a falling wedge pattern on its weekly chart. In August 2024, it broke o...

Why are so many companies coming up with buybacks?

access_time 1726402320000 face CA Rachana Ranade
Why are so many companies coming up with buybacks? Many companies are now announcing share buybacks, and to understand this trend, we first need to know what a buyback is. A buyback refers to a company purchasing its own shares from shareholders. These companies, listed on the stock market, offer to...

The Bajaj Housing Finance IPO

access_time 1726372320000 face CA Rachana Ranade
"Non-Allottee" Again? Navigate the IPO Market Like a Pro While reading about the Bajaj Housing Finance IPO I was shocked by looking at the numbers. A company that needed only Rs. 6,500 crores received bids worth Rs. 6 lakh crores! That's over 62 times oversubscribed. To put it in perspective, the am...