SAMKRG Pistons & Rings Ltd. (BSE: 520075) has been trading within a well-defined ascending channel, showcasing a consistent long-term uptrend. The chart highlights key support levels at the bottom of the channel, from where the price has always bounced.
The recent price action and technical indicators suggest a potential for further gains.
Key Points:
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Rane Brake Lining Ltd. (NSE: RBL) moving in a clear Ascending Channel with support at the bottom of the channel retested multiple times as shown in the chart.
The Price has again bounced after touching the bottom of the channel and RSI has a strong upward trajectory.
Key Points:
Ascending Channel: The stock has been trading within a well-defined ascending...
Aarti Drugs Ltd (NSE: AARTIDRUGS) has been trading within a well-defined parallel channel on the monthly timeframe since 2009. The stock is currently at the bottom of the channel, having successfully retested the channel support. This retest could signify a potential bounce, presenting a long-term buying opportunity.
The RSI is also on an upward...