Persistent | Breakdown of Head and Shoulder pattern | Latest stock market news (3 minutes read) Stock name: Persistent Pattern: Breakdown of Head and Shoulder pattern Time frame: Daily Observation: The stock had given a fantastic rally after the Covid crash but started to go in the sideways/correcti...
Will Reliance be out of Nifty? Reliance Industries Limited (RIL), the most valued company in India, has begun the process of demerging its financial services arm. The proposed plan of arrangement between Reliance Industries Limited and Reliance Strategic Investments Limited (RSIL) will be discussed ...
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 27 March, we shared the technical analysis of Aurobindo Pharma and put forward the analysis that it has made a bullish p...
NFL | Rounding bottom | Latest stock market news (3 minutes read) Stock name: NFL Pattern: Rounding bottom Time frame: Weekly Observation: The stock has broken out of the rounding bottom pattern. Once the stock breaks out of such a pattern, the stock travels a distance equal to the difference betwee...
Neogen Chemicals | Near a resistance | Latest stock market news (3 minutes read) Stock name: Neogen Chemicals Pattern: Near a resistance Time frame: Weekly Observation: The stock is up 30% in the last 2 months with more than average volume in the last 2-3 days. However, the stock is nearing a resist...