rajsharmatt

rajsharmatt Oct 13, 2024

Triveni Turbine Ltd. Stock Symbol: NSE:TRITURBINE Market Cap: INR 23,700 crore Buy Range: INR 767-805 Current Price: INR 795.80 (as of October 13, 2024) Introduction Triveni Turbine Ltd., a leading player in the industrial steam turbine market, is positioned for significant growth due to its robust order book, growing presence in international markets, and...

rajsharmatt Sep 14, 2024

The Round Bottom Pattern, also known as a saucer bottom, is a bullish reversal pattern that typically occurs after a prolonged downtrend. It signals a gradual shift in market sentiment from bearish to bullish. Let's break it down: Key Features of the Round Bottom Pattern: Shape & Duration: The pattern resembles a "U" shape, indicating a smooth transition...

rajsharmatt Sep 14, 2024

Kaynes Technology NSE:KAYNES has formed a Cup and Handle pattern, which is one of the most reliable bullish continuation patterns. This formation indicates that the stock is consolidating before resuming its upward trend. The breakout from this pattern signifies a high probability of continued bullish momentum. Key Observations: Cup & Handle Formation:...

rajsharmatt Sep 11, 2024

Technical Analysis of NSE:ZAGGLE Cup and Handle Pattern: Zaggle Prepaid Ocean Ltd. has successfully formed and broken out from a classic cup and handle pattern, a bullish continuation pattern indicating strong upward momentum. The cup portion spans several months, showcasing a rounded bottom, which is a signal of consolidation and accumulation by buyers....

rajsharmatt Sep 5, 2024

Analysis Overview : This chart of Motilal Oswal Financial Ltd NSE:MOTILALOFS highlights a classic Cup and Handle pattern, which indicates a potential bullish continuation. The stock has broken out of this pattern after retesting the neckline, signaling the possibility of further upside. Key Observations: The Cup and Handle pattern has formed over several...

rajsharmatt Sep 4, 2024

Stock: Subros Ltd. NSE Symbol: NSE:SUBROS Industry Group: Auto/Truck-Original Equipment Market Cap: INR 4,900 crore 50-Day Avg. Volume: INR 16 crore Buy Range: INR 777-816 Company Overview: Subros Limited, established in 1985, is a leading manufacturer of thermal products for automotive applications in India. The company operates multiple manufacturing...

rajsharmatt Sep 4, 2024

NSE:JKCEMENT has broken out above a key resistance level, signaling a potential bullish move ahead. Breakout: The stock has successfully breached its resistance level, indicating strong upward momentum. Volume Surge: Accompanying the breakout, we see a noticeable increase in trading volume, confirming the strength of this move. Bullish Trend: The stock...

rajsharmatt Sep 3, 2024

Tilaknagar Industries Ltd. (TI) has exhibited a textbook breakout from a well-defined Cup and Handle pattern on the weekly chart. This pattern is often seen as a bullish continuation signal, indicating the potential for further upward movement. Key Observations: Cup and Handle Formation: The stock has formed a classic Cup and Handle pattern over the past...

rajsharmatt Aug 31, 2024

Price Action Overview: UNITED SPIRITS LTD is showing a promising bullish setup with an Ascending Triangle Pattern. This is a continuation pattern, often signaling a potential breakout in the direction of the prior trend. Here's a detailed analysis: Ascending Triangle Formation: The stock is forming higher lows, creating an ascending triangle pattern, which...

rajsharmatt Aug 31, 2024

Price Action Overview: DIXON TECHNO (INDIA) LTD has recently demonstrated a strong bullish setup with a Double Bottom Pattern on the daily chart. This is a classic reversal pattern, signaling a potential trend change from bearish to bullish. Here's a closer look: Prior Uptrend: The stock experienced a significant upward trend before undergoing a...

rajsharmatt Aug 28, 2024

The Cup and Handle pattern is one of the most well-known and reliable chart patterns used by traders to predict bullish continuations. Understanding this formation can give you a valuable edge in identifying potential breakout stocks. What is the Cup and Handle Pattern? The Cup and Handle is a bullish continuation pattern that usually forms during an uptrend....

rajsharmatt Aug 28, 2024

PNB Housing Finance Ltd . has shown a strong breakout from a consolidation phase, currently trading at ₹914.60, up by 3.84% for the day. The stock is poised for further bullish momentum, having broken through key resistance levels. Technical Indicators: Break of Structure (BOS) : The stock recently broke a significant structural resistance level, indicating a...

rajsharmatt Aug 27, 2024

Wockhardt Ltd. has broken out of a long-term downtrend, moving past the neckline of a Double Bottom Pattern, indicating a potential trend reversal. The stock has surged to ₹1,062.75, with a massive 15.20% gain for the day. Technical Indicators: Double Bottom Pattern: A classic bullish reversal pattern has formed, with the neckline being broken decisively....

rajsharmatt Aug 27, 2024

Stock Analysis: EMAMI Ltd. Price Action Overview: The stock has shown a significant rally after a Change of Character (CHoCH) around the ₹470-500 zone. The current price stands at ₹834, marking a 1.94% gain for the day. The trend has been supported by a strong trendline since June, pushing prices steadily upward. Technical Indicators: Cup and Handle...