Following a notable consolidation phase that commenced in January 2024, Devyani International has exhibited promising technical signals, suggesting a potential shift towards a bullish trend. Last week, the stock successfully breached the pivotal resistance level of 185 on the weekly timeframe, which is a critical psychological and technical milestone. The 20 EMA...
On Friday, Lokesh Machines experienced a notable gap-up opening, indicating a significant increase in demand at the start of the trading session. Currently, the stock appears to be on the verge of filling this gap, a common trading strategy employed by many market participants. Gap filling occurs in the context of imbalances between supply and demand. When a...
SBICard is currently exhibiting several noteworthy technical indicators that suggest a potential bullish trend is emerging. 1. SBICard has experienced a consolidated phase over the past three years, during which its price movements have remained contained. Recently, the stock has broken through a significant weekly trendline, indicating a shift in market...