Technical Analysis of JBMA and MARICO Stock name: JBM Auto Ltd. Pattern: Double top pattern and retest Time frame: Daily Observation: The stock has been in an uptrend since January 2023, but from January to October 2024, it formed a double top pattern on its daily chart. In late October 2024, the st...
Technical Analysis of TATACONSUM and GODREJCP Stock name: Tata Consumer Products Ltd. Pattern: Double top pattern Time frame: Daily Observation: The stock has been trending upward since April 2023. However, between December 2023 and October 2024, it formed a double top on its daily chart, breaking d...
Technical Analysis of HEROMOTOCO and ACI Stock name: Hero MotoCorp Ltd. Pattern: Double top pattern and retest Time frame: Daily Observation: The stock began trending upward from March 2023 onwards. The stock has formed a double-top pattern on the daily chart between May and October 2024. It broke d...
Technical Analysis of ICICIGI and REDINGTON Stock name: ICICI Lombard General Insurance Company Ltd. Pattern: Double top pattern Time frame: Daily Observation: In the previous blog on October 22, 2024 (link for reference), we noted a double top pattern forming in the stock's daily chart. Following i...
Technical Analysis of TIMKEN and ABB Stock name: Timken India Ltd. Pattern: Head and shoulders pattern and retest Time frame: Daily Observation: Starting in March 2024, the stock experienced rapid upward movement. Between May and August 2024, it formed a head and shoulders pattern on the daily chart...