Technical Analysis of INTELLECT & LUPIN 1. Stock name: Intellect Design Arena Ltd. Pattern: Cup and handle pattern Time frame: Weekly Observation: Since April 2022, the stock has been on a downward trajectory. Between July 2022 and November 2023, there was a period of stabilization, during which a c...
Technical Analysis of DEEPAKNTR & EXIDEIND 1. Stock name: Deepak Nitrite Ltd. Pattern: Double bottom pattern and retest Time frame: Weekly Observation: Since October 2021, the stock has exhibited a declining trend. Between April 2022 and December 2023, a double bottom pattern emerged on the weekly c...
Jyoti CNC Automation Limited IPO Summary About the Company: Incorporated in 1991, the Company is one of the world’s leading manufacturers of metal cutting computer numerical control (CNC) machines with the third largest market share in India accounting approximately 10% of the market share in India ...
Technical Analysis of GODREJIND & SPARC 1. Stock name: Godrej Industries Ltd. Pattern: Cup and handle pattern Time frame: Weekly Observation: The general trend of the stock has been in an upward direction. However, the stock underwent consolidation, forming a cup and handle pattern on its weekly cha...
Rights Issue In our quest to understand the corporate actions of the company, our caravan has moved to rights issue, so today lets deep dive in understanding what rights issue is, how it works, and what is rights renunciation? What is a Right Issue? A Right Issue is a corporate action where a compan...