Technical Analysis of AEGIS LOGISTICS & MAX FINANCIAL 1. Stock name: Aegis Logistics Ltd. Pattern: Double top pattern Time frame: Weekly Observation: Starting in February 2022, the stock experienced a strong upward rally. Nevertheless, from October 2022 to October 2023, it underwent a sideways phase...
What is a Head & Shoulder pattern? In the world of finance, we often draw parallels to the human form. An uptrend, like a healthy spine, shows strength and stability. The left shoulder, akin to the body's foundation, represents stability. The head, the pinnacle of achievement, is akin to the mind's ...
ESAF Small Finance Bank Limited IPO Summary About the Company ESAF Small Finance Bank Limited is a small finance bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban centers. The bank has a network of 700 banking outlets (including 59 business correspo...
Technical Analysis of NATIONAL ALUMINIUM & INGERSOLL 1. Stock name: National Aluminium Co. Ltd. Pattern: Double top pattern and retest Time frame: Daily Observation: Since September 2022, the stock has been on an upward trajectory, but in the period from August 2023 to October 2023, it formed a doub...
Technical Analysis of JSW ENERGY & ACI 1. Stock name: JSW Energy Ltd. Pattern: Cup and handle pattern and retest Time frame: Daily Observation: Since October 2021, the stock has been trading sideways. Between November 2022 and September 2023, it formed a cup and handle pattern on its daily chart. A ...