Technical Analysis Of ENGINERSIN & COALINDIA 1. Stock name: Engineers India Ltd. Pattern: Cup and handle pattern and retest Time frame: Daily Observation: The stock has maintained an upward trend since April 2023. It formed a cup and handle pattern on its daily chart between April and May 2024. On M...
Cup and Handle Pattern Introduction: In the vast landscape of technical analysis, patterns emerge as valuable tools for traders seeking to understand market movements and make informed decisions. Among these patterns, the cup and handle pattern stands out as a reliable indicator of potential bullish...
Technical Analysis Of AUROPHARMA & NH 1. Stock name: Aurobindo Pharma Ltd. Pattern: Cup and handle pattern and retest Time frame: Weekly Observations: The stock has been moving sideways for a long time and formed a cup and handle pattern on its weekly chart. It broke out from this pattern in May 202...
Technical Analysis Of DIVISLAB & SUNDRMFAST 1. Stock name: Divi's Laboratories Ltd. Pattern: Inverse head and shoulders pattern Time frame: Weekly Observation: Since October 2021, the stock has been declining but formed an inverse head and shoulders pattern on its weekly chart between May 2022 and M...
Technical Analysis Of RITES & BIRLACORPN 1. Stock name: RITES Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: The stock has been in a downward trend since February 2024. Between April and May 2024, it stabilized and formed a double top pattern on its daily chart. On May 18, 2024, ...