What is an OFS (Offer for Sale)?

access_time 2022-12-17T10:49:46.666Z face CA Rachana Ranade
What is an OFS (Offer for Sale)? We all have heard about a company bringing an Offer for Sale (OFS), but don’t really understand the meaning of it, right? Let’s decode the same in today’s blog! An OFS is a mechanism through which the promoters in listed companies offer their shares to others. So, th...

IGL | Near a resistance | Latest stock market news

access_time 2022-12-16T08:30:28.14Z face CA Rachana Ranade
IGL | Near a resistance | Latest stock market news (3 minutes read) Stock name: IGL Pattern: Near a resistance Time frame: Daily Observation: The stock had been in a downtrend but has been consolidating in the form of a Cup and Handle pattern and had tried to breakout in September 2022 but had faile...

Weekly Review of Blog

access_time 2022-12-15T07:26:25.002Z 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 28 November, we had shared technical analysis of Madras Fertilisers and had put forward the analysis that it will show b...

Droneacharya Aerial Innovations Limited IPO Analysis

access_time 2022-12-14T10:08:31.289Z face CA Rachana Ranade
Droneacharya Aerial Innovations Limited IPO Analysis About the company Droneacharya Aerial Innovations Limited is incorporated in 2017 and provides high - end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high-configuration workstations, Dron...

Sun Pharma | Retest of the breakout | Latest stock market news

access_time 2022-12-14T06:56:34.359Z face CA Rachana Ranade
Sun Pharma | Retest of the breakout | Latest stock market news (3 minutes read) Stock name: Sun Pharma Pattern: Retest of the breakout Time frame: Daily Observation: The stock has been in a consolidation since May 2022 and had recently broken out the same in the form of a Cup and Handle pattern and ...