Zomato | Near a resistance | Latest stock market news

access_time 2023-05-09T09:41:20.248Z face CA Rachana Ranade
Zomato | Near a resistance | Latest stock market news (3 minutes read) Stock name: Zomato Pattern: Near a resistance Time frame: Daily Observation: Zomato has formed a cup and handle pattern but is unable to break out from the same. It seems to be turning from its resistance/neckline. The handle low...

Marico | Near range resistance | Latest stock market news

access_time 2023-05-08T08:52:56.4Z face CA Rachana Ranade
Marico | Near range resistance | Latest stock market news (3 minutes read) Stock name: Marico Pattern: Near range resistance Time frame: Weekly Observation: The stock has been trading in a sideways range for the last 18 months and is currently very close to the resistance levels of the range. The st...

What Caused the sudden drop in HDFC and HDFC Bank’s Share Prices?

access_time 2023-05-06T10:04:38.395Z face CA Rachana Ranade
What Caused the sudden drop in HDFC and HDFC Bank’s Share Prices? On 4th May 2023, HDFC reported a strong financial performance with a 20% increase in net profit and a 16% increase in net interest income on a year-on-year basis. Additionally, the company declared a dividend of Rs. 44 per share. This...

Weekly Review of Blog

access_time 2023-05-04T09:02:52.523Z face CA Rachana Ranade
Weekly Review of Blog Do you check the Technical Analysis that I put daily in the “Blog section” of our website www.rachanaranade.com If not, I think you should start it today! On 31st March, we shared the technical analysis of Reliance Industries Limited and put forward the analysis that it is taki...

BHEL | Double Bottom pattern | Latest stock market news

access_time 2023-05-03T07:12:54.968Z face CA Rachana Ranade
BHEL | Double Bottom pattern | Latest stock market news (3 minutes read) Stock name: BHEL Pattern: Double Bottom pattern Time frame: Daily Observation: After a ferocious rally, the stock had started to correct and in the same correction, it has now made a double bottom pattern and has given a breako...