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 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 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...
Technical Analysis of PEL and IPCALAB Stock name: Piramal Enterprises Ltd. Pattern: Double bottom pattern Time frame: Monthly Observation: The stock has been in a downtrend since October 2021. Between May 2022 and November 2024, it formed a double bottom pattern on the monthly chart. A breakout from...
Technical Analysis of QUESS and SWANENERGY Stock name: Quess Corp Ltd. Pattern: Support and reversal Time frame: Daily Observation: The stock formed an inverted head and shoulders pattern and registered a breakout in July 2024, followed by an upward move. However, influenced by overall market sentim...