DRREDDY Double Top Pattern In Play

DRREDDY Double Top Pattern In Play

The stock has broken out of a double top pattern on Jan 29th with increase in volume but post the breakout, the stock has failed to grind lower levels.  For the last few days, the stock has been consolidating around 4400 levels and is showing signs of a breakout on...
Maruti Flags Bullish Amid Technical Breakout

Maruti Flags Bullish Amid Technical Breakout

On the daily chart, the stock is forming a bullish flag pattern after sketching the flag pole on an attempt to breakout from a triangle pattern. The stock price for the last few weeks were gyrating between a very tight range and has moved past the range on 03 Dec 2020...
Dabur ready for a fresh bullish rally

Dabur ready for a fresh bullish rally

The stock has attempted a ascending triangle breakout on the daily charts  and tested the all time highest high with a good increase in volume. The primary trend of the stock is bullish as the stock is forming higher tops and higher bottoms and also the stock price is...
SBIN Looks Like It’s Finally Found a Floor

SBIN Looks Like It’s Finally Found a Floor

After a few months long consolidation SBIN witnessed a triangle pattern breakout, backed by increase in trading volumes. The stock has witnessed a sharp selloff from 300-320 levels and has bottomed out around 170-200 levels.  In addition, the stock have closed above...