by Valarmurugan | Mar 10, 2021 | Stocks to Sell
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...
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...
by Valarmurugan | Mar 28, 2019 | Stocks to Sell
Hero Motocorp Move Past Strong Support Zone Shares of Hero MotoCorp were trading lower for the twelfth straight day on its daily chart and tested a new 52-week low on 28th March 2019. The stock is witnessing continuous lower top and lower bottom formation and...
by Valarmurugan | Feb 6, 2019 | Stocks to Sell
Vedanta hits 29-month low; chart suggests big down side The stock has been forming inverted flag pattern in the daily chart around 155 to 165 level. The stock has broken the major support at 190 level and hit a 29-month low on Feb 1, 2019 with a high-volume breakdown...
by Valarmurugan | Jan 25, 2019 | Stocks to Sell
Hindustan Zinc hits 52-week low; expected to fall further The stock has been under selling pressure after the outcome of Q3 earnings and tested 52-week low on 23rd Jan 2019. The stock has been consolidating near the strong support 260 level in the last three trading...