Wipro | Head and Shoulder pattern | Latest stock market news(3 minutes read) Stock name: Wipro Pattern: Head and Shoulder pattern Time frame: Daily Observation: Wipro has been in a downtrend for a year and has fallen about 50% from its peak. Currently it has formed a head and shoulder pattern, which...
Why are the markets falling? There was heavy sell off by FIIs in last two days, usually the sell off by FIIs is taken negatively by market. If we were to go to the technical analysis, we can a Dark Cloud covered formed at the top of the trend in Nifty 50, this pattern is seen as bearish reversal can...
Bharat Dynamics | Cup and Handle Breakout | Latest stock market news (3 minutes read) Stock name: Bharat Dynamics Pattern: Cup and Handle Breakout Time frame: Daily Observation: The stock is in a very strong up-trend and has made a Cup and Handle pattern and has broken out of the same. Once the stoc...
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! Recently on 30th August, we had shared technical analysis of CDSL and had put forward the analysis that it will show bullis...
Adani Ports | Breakout | Latest stock market news(3 minutes read) Stock name: Adani Ports Pattern: Breakout Time frame: Daily Observation: Adani Ports has been trading in a range of 650 to 920 for a very long time (since Feb 2021) and has very recently broken out of the range. Once such a rectangle ...