Technical Analysis of HFCL and MCX Stock name: HFCL Ltd. Pattern: Head and shoulders pattern and retest Time frame: Daily Observation: The stock has been in an upward trend since October 2023 but formed a head and shoulders pattern on the daily chart between June 2024 and January 2025. A breakdown o...
Technical Analysis of BAJAJFINSV and SAREGAMA Stock name: Bajaj Finserv Ltd. Pattern: Double bottom pattern and retest Time frame: Daily Observation: The stock reached its all-time high (ATH) in late September 2024 before cooling down and moving downward. Between November 2024 and January 2025, it f...
Reliance Industries Q3 Results: Fuel Demand and ARPU Expansion Key to Growth Reliance Industries Ltd (RIL) showcased a strong performance in its Q3 results, driven by robust contributions from the retail and Oil-to-Chemicals (O2C) segments. The company gained 2.6% on the bourses, defying broader mar...
Technical Analysis of LEMONTREE & MARUTI Stock name: Lemon Tree Hotels Ltd. Pattern: Double bottom pattern Time frame: Daily Observation: In our blog dated December 10, 2024 (link for reference), we noted the stock forming a double bottom pattern on its daily chart. Following a breakout on December ...
Technical Analysis of AXISBANK and MINDACORP Stock name: Axis Bank Ltd. Pattern: Double top pattern Time frame: Daily Observation: Post-COVID, the stock experienced a consistent upward trend. However, between May and December 2024, it formed a double top pattern on the daily chart. Around December 2...