Technical Analysis of CSBBANK & SOBHA 1. Stock name: CSB Bank Ltd. Pattern: Rounding bottom pattern Time frame: Weekly Observation: Between August 2021 and June 2022, the stock experienced a downward trend, but it reversed course and started an upward trajectory from June 2022 onward. Throughout the...
What is a Reverse Stock Split? After understanding the intricacies and jargon of stock split in last Saturday’s blog of understanding stock split, now let us onboard on to the journey of unravelling the corporate actions further, the one term that often raises eyebrows is the "reverse stock split." ...
Technical Analysis of TATAELXSI & VMART 1. Stock name: Tata Elxsi Ltd. Pattern: Cup and Handle pattern Time frame: Weekly Observation: From October 2022 to November 2023, the stock has exhibited a sideways movement. Within this timeframe, a cup and handle pattern emerged on the weekly chart. At the ...
Technical Analysis of SWANENERGY & SUNDARMFIN 1. Stock name: Swan Energy Ltd. Pattern: Flag and pole pattern Time frame: Daily Observation: Since March 2023, the stock has consistently followed an upward trajectory, with a notable surge observed in October 2023. However, in November 2023, the stock ...
Technical Analysis of PATANJALI & INDIGO 1. Stock name: Patanjali Foods Ltd. Pattern: Cup and handle pattern Time frame: Daily Observation: The stock has been on an upward trajectory since March 2023. Between August and December 2023, it entered a stabilizing phase, during which it formed a cup and ...