Technical Analysis of INDUSIND BANK & IDFC FIRST BANK 1. Stock name: IndusInd Bank Ltd. Pattern: Cup and handle pattern Time frame: Weekly Observation: Since February 2021, the stock has maintained a sideways trend. During the period October 2021 to May 2023 the stock has shaped a cup and handle pat...
Technical Analysis of BANK OF INDIA & TATA CHEMICALS 1. Stock name: Bank of India Pattern: Cup and handle pattern and retest Time frame: Monthly Observation: Starting in June 2020, the stock initiated a recovery phase after a prolonged downward trend. Between March 2021 and September 2023, it has se...
What is the Rounding Bottom pattern? It was a beautiful morning that day when I woke up early, after doing my morning workout, I made myself a tea and had it in a cup & saucer. Since I had woken up early that morning, I started manifesting about the day ahead & while I was doing this, I was staring ...
Technical Analysis of PRAJ INDUSTRIES & NAVIN FLUORINE 1. Stock name: Praj Industries Ltd. Pattern: Cup and handle pattern and retest Time frame: Daily Observation: The general trend of the stock has remained in the upward direction. From October 2022 to September 2023, the stock has formed a cup an...
Technical Analysis of VIJAYA DIAGNOSTIC & IDFC 1. Stock name: Vijaya Diagnostic Centre Ltd. Pattern: Double bottom pattern Time frame: Weekly Observation: Listed on the NSE in September 2021, the stock initially trended downward. Between February 2022 and October 2023, a double bottom pattern emerge...