by Valarmurugan | Oct 31, 2019 | Stocks to Buy
Mothersumi has traces of flag pattern alongside double bottom The stock is currently consolidating above the neckline of the double-bottom formation and expected to form continuation flag pattern. On the daily chart, the stock has witnessed the increase in volume at...
by Valarmurugan | Oct 30, 2019 | Stocks to Buy
Tata Steel on the verge of a breakout; chart suggests more upside The stock has closed around the neckline of double bottom formation, backed by strong volumes on 29th Oct 2019. The stock has been continuously moving in a “lower top- lower bottom” bearish price cycle...
by Valarmurugan | Aug 22, 2019 | Stocks to Buy
Hindustan Unilever near record high, expected to breach resistance On the daily chart, the stock is on the verge of a breakout from a flag pattern and it has been stuck in the rangebound since Dec 2018 despite having a series of higher bottom formation. An immediate...
by Valarmurugan | Jul 29, 2019 | Stocks to Buy
Infosys hovering near all-time high; chart suggest more upside This stock has been hovering around 800 level for the past few days with an appearance of flag pattern. The stock was in a major consolidation mode within the range 700-770 level for the past 6 months but...
by Valarmurugan | Jul 15, 2019 | Stocks to Sell
TITAN ON THE VERGE OF A BREAKOUT On the daily chart, the stock is on the verge of a breakout from a bearish flag pattern. After touching an all-time high of Rs 1340 on July 1st, the stock has corrected to Rs 1070 levels in short span of time due to witnessed a...
by Valarmurugan | Jun 26, 2019 | Stocks to Sell
Glenmark plummets to fresh 52-week low; outlook suggests negative in near term Glenmark recorded a new 52-week low on 25th June 2019 and the stock has moved below the major support zone at 500 level. The stock has broken 2 year-long consolidation range which was...