MPS Limited | Trendline Support | Latest stock market news (3 minutes read) Stock name: MPS Limited Pattern: Trendline Support Time frame: Daily Observation: The stock has been up-trending since the Covid lows and is now taking support at a crucial trendline. Recently, the stock has taken a bounce f...
BPCL | Triangle breakout | Latest stock market news (3 minutes read) Stock name: BPCL Pattern: Triangle breakout Time frame: Daily Observation: The stock has been in a correction mode since September 2021 and entered a consolidation in August 2022. Very recently, the stock has broken out of the tria...
Elecon Engineering | Fresh Breakout | Latest stock market news (3 minutes read) Stock name: Elecon Engineering Pattern: Fresh Breakout Time frame: Daily Observation: The stock is an up-trending stock and has broken out a cup and handle pattern today. Once a stock breaks out of such a pattern, it usu...
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 19 April, we shared the technical analysis of Borosil Limited and put forward the analysis that it will show bullishness...
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...