Defence Sector Stocks - Cochin Shipyard and Bharat Dynamics

access_time 2024-12-06T12:46:05.05Z face CA Rachana Ranade
Defence Sector Stocks - Cochin Shipyard and Bharat Dynamics Both Cochin Shipyard Limited (CSL) and Bharat Dynamics Limited (BDL) have shown remarkable price action over the past year, reflecting the strong momentum in India's defence sector. Let's analyze their technical patterns using Price Action ...

Technical Analysis of CDSL and DATAPATTNS

access_time 2024-12-06T06:38:31.785Z face CA Rachana Ranade
Technical Analysis of CDSL and DATAPATTNS Stock name: Central Depository Services (India) Ltd. Pattern: Resistance breakout Time frame: Daily Observation: The stock reached its previous high on August 23, 2024, and has since been consolidating, forming a resistance level on its daily chart. Despite ...

Technical Analysis of LAURUSLABS and MAHABANK

access_time 2024-12-05T05:51:36.249Z face CA Rachana Ranade
Technical Analysis of LAURUSLABS and MAHABANK Stock name: Laurus Labs Ltd. Pattern: Parallel channel and breakout Time frame: Daily Observation: In our 10 October 2024 blog (link for reference), we highlighted a stock trading within a parallel channel for an extended period. Around 08 October 2024, ...

Technical Analysis of RHIM and VTL

access_time 2024-12-04T06:11:40.445Z face CA Rachana Ranade
Technical Analysis of RHIM and VTL Stock name: RHI MAGNESITA INDIA Ltd. Pattern: Support and reversal Time frame: Daily Observation: The stock experienced a downward movement from December 2023 to March 2024, forming a support level on the daily chart. After consolidating since July 2024, it briefly...

Technical Analysis of ECLERX and CERA

access_time 2024-12-03T07:11:34.058Z face CA Rachana Ranade
Technical Analysis of ECLERX and CERA Stock name: eClerx Services Ltd. Pattern: Cup and handle pattern and retest Time frame: Daily Observation: As noted in our 04 October 2024 blog (link for reference), the stock formed a cup and handle pattern on its daily chart and broke out in late September 202...