The Pharma sector is been pushed up based on the idea that due to corona the pharma sector will benefit. But one can certainly say that there is no structural or fundamental change in the business. Hence I think this rally in pharma is only temporary. Based on the delivery % and depending on the total traded quantity. I think from 13/04/2020 the stock will start...
The company q3 results will be announced soon. before that the company decides to buy back shares worth 9000 cr. A normal conclusion: The company knows that the results are going to be good and then the price will appreciate and they would benefit from the buy back But SEBI denies them for a buy back "Since the ratio of the aggregate of secured and unsecured...
Q3 Results have been declared and a hanging man pattern is formed on the daily time frame. The chart pattern formed is ascending triangle which if broken in upward direction will give a good rally
The chart is moving in a narrow range and has created a triangle chart pattern. ADX is also indicating the strength in downward direction RSI indicating the stock is loosing it's strength in is ready to go down
Stock selected as the overall NIFTYIT looks bearish on daily time frame. The stock is forming a lowering wedge pattern. IF lower trend line is broken Then Stock will move towards target 1 NSE:TATAELXSI
The stock has formed a lower triangle on the daily time frame. if the lower support is broken then a possible downtrend is expected.
the stock is been in downtrend but the long term trend is still positive, if the near term downtrend is broken then a strong upward move is possible.
if the stock price goes below the red line then sell the tataglobal beverages and book profit when the price reaches green line