Technical Analysis of CGPOWER and VIPIND Stock name: CG Power and Industrial Solutions Ltd. Pattern: Cup and handle pattern Time frame: Daily Observation: Since the post-COVID period, the stock has experienced a steady upward trend. Between July and October 2024, it formed a cup and handle pattern o...
Technical Analysis of RELIANCE and GAEL Stock name: Reliance Industries Ltd. Pattern: Head and shoulders pattern Time frame: Daily Observation: The stock has been in an upward trend since March 2023, but between May and October 2024, it formed a head and shoulders pattern on the daily chart. A break...
Technical Analysis of LAURUSLABS and PAGEIND Stock name: Laurus Labs Ltd. Pattern: Parallel channel Time frame: Daily Observation: Since April 2023, the stock has been moving upward in a parallel channel. It hit resistance on 16th September 2024 and then moved downward, approaching the channel's sup...
Technical Analysis of APLAPOLLO and RAINBOW Stock name: APL Apollo Tubes Ltd. Pattern: Double bottom pattern and retest Time frame: Daily Observation: Since September 2023, the stock has been trending slightly downward. Between July and September 2024, it formed a double bottom pattern, with a break...
Technical Analysis of JMFINANCIL and APTUS Stock name: JM Financial Ltd. Pattern: Cup and handle pattern Time frame: Daily Observation: According to the blog from September 4, 2024, the stock formed a cup and handle pattern on its daily chart, breaking out at the end of August. Post-breakout, it saw...