Technical Analysis of NOCIL & GUJARAT GAS 1. Stock name: NOCIL Ltd. Pattern: Double bottom pattern and retest Time frame: Daily Observation: Since October 2021, the stock has been in a persistent downtrend until it stabilized around February 2023, transitioning into a sideways trajectory. During thi...
What is ROCE? To start a business, an entrepreneur needs capital. This can be obtained in two ways, either equity or debt. Now, we have learned how to calculate returns if the business is funded with owned funds i.e., equity. This can be done by calculating the Return on Equity (ROE). However, if th...
Technical Analysis of NMDC & NLC INDIA 1. Stock name: NMDC Ltd. Pattern: Inverse head and shoulder pattern Time frame: Weekly Observation: Beginning in 2010, the stock has seen a continuous downward trajectory but later found stability. Notably, between August 2021 and August 2023, it displayed a bu...
Technical Analysis of NCC & AXIS BANK 1. Stock name: NCC Ltd. Pattern: Double bottom pattern Time frame: Monthly Observation: During the extended consolidation and sideways movement spanning from March 2008 to July 2023, the stock displayed a double bottom pattern on its monthly chart. In July 2023,...
Technical Analysis of NBCC & MCX 1. Stock name: NBCC (India) Ltd. Pattern: Double bottom pattern and retest Time frame: Weekly Observation: Since November 2017, the stock has been on a downward trajectory. Between July 2019 and August 2023, it exhibited sideways movement, resulting in the formation ...