UltraTech Cement’s Foray into the Wire Business: A Bold Move or a Risky Bet? Market Overview The Indian stock market witnessed a mixed session today, with benchmark indices displaying a range-bound movement. While financial stocks surged due to the RBI’s relaxed lending norms, the cement and automob...
Technical Analysis of ABBOTINDIA and SWSOLAR Stock name: Abbott India Ltd. Pattern: Support breakdown Time frame: Daily Observation: Since January 2024, the stock has been moving within a parallel channel on its daily chart. In January 2025, it reached the channel’s support and, after multiple attem...
Technical Analysis of CANFINHOME and JIOFIN Stock name: Can Fin Homes Ltd. Pattern: Double top pattern Time frame: Daily Observation: Since June 2022, the stock has maintained an overall upward trend. However, between June and December 2024, it formed a double-top pattern on the daily chart and brok...
Technical Analysis of TRENT and SHRIRAMFIN Stock name: Trent Ltd. Pattern: Double top pattern Time frame: Weekly Observation: The stock has been in an overall uptrend but formed a double top pattern on its weekly chart between August 2024 and January 2025. In mid-January 2025, it broke down from the...
Technical Analysis of PFC and SIEMENS Stock name: Power Finance Corporation Ltd. Pattern: Support breakdown Time frame: Daily Observation: The stock's overall trend has been upward, but recently it entered a consolidation phase, forming a triangle pattern. On 30 December 2024, the stock broke below ...