Technical Analysis of BSE & HDFCAMC 1. Stock name: BSE Ltd. Pattern: Flag and pole pattern Time frame: Weekly Observation: Between September and December 2023, the stock witnessed a significant surge followed by consolidation, forming a flag and pole pattern on its weekly chart until March 2024. Tow...
Technical Analysis of GOCOLORS & INDIGOPNTS 1. Stock name: Go Fashion (India) Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: Since September 2023, the stock has trended downwards but stabilized between January 2024 and March 2024. Notably, a double bottom pattern emerged on its d...
Market recap of fiscal year 2024 In India, the fiscal year spans from April to March, indicating that this 31st of March signifies the conclusion of the fiscal year 2023-24 or financial year 2024. This year has been remarkable for the Indian stock market. As we all know, the market's performance isn...
Technical Analysis of HINDPETRO & FLUOROCHEM 1. Stock name: Hindustan Petroleum Corporation Ltd. Pattern: Rounding bottom pattern and retest Time frame: Monthly Observation: After reaching its previous all-time high in 2017, the stock experienced a subsequent decline. Recently, it managed to surpass...
SRM Contractors Limited IPO Summary About the Company: SRM Contractors Limited, founded in 2008, is a construction company focusing on roads, tunnels, and slope stabilization in Jammu & Kashmir and Ladakh. They work as both primary contractors and subcontractors on infrastructure projects. Their exp...