Technical Analysis of NCC & MAHLIFE 1. Stock name: NCC Ltd. Pattern: Rounding bottom pattern Time frame: Monthly Observation: Between January 2008 and February 2024, a rounding bottom pattern emerged on the stock's monthly chart. February 2024 marked a significant breakthrough from this pattern, bac...
What is a Holding Company and why does it trade at a discount? Where a company is holding a large chunk of investments in other companies and it's not having any material Business operations of its own, is called a "Holding Company". A holding company typically does not have its own business operati...
Technical Analysis of HDFCLIFE & JUBLFOOD 1. Stock name: HDFC Life Insurance Company Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: Since December 2023, the stock has been experiencing a decline. However, between January 23, 2024, and March 04, 2024, it stabilized and established...
Technical Analysis of JINDALSTEL & JKLAKSHMI 1. Stock name: Jindal Steel & Power Ltd. Pattern: Rounding bottom pattern Time frame: Monthly Observation: Since 2010, the stock experienced a decline, but from September 2015 onwards, it initiated a recovery, moving upward. Recently, it reached its 2010 ...
Gopal Snacks Limited IPO Summary About the Company: Established as a partnership firm in 1999 and subsequently incorporated as a company in 2009 They are a fastmoving consumer goods company in India, offering ethnic snacks, western snacks and other products in ten States and two Union Territories as...