Chart Discovery

Category: Chart

  • Larsen & Toubro Cup and Handle Pattern Signals Bullish Breakout Potential

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    by

    Pratik
    in,,

    What Does the L&T Cup and Handle Pattern Mean? Are you watching Larsen & Toubro (L&T) stock? The formation of a cup and handle pattern indicates a potential bullish breakout could be on the horizon. This pattern is a favorite among technical traders as it signals a possible continuation of an existing uptrend. Read more…

  • Invest in India’s Future? Understanding NSDL, CDSL, and Market Growth

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    by

    Pratik
    in,

    NSDL and CDSL: The Backbone of India’s Securities Market India’s remarkable economic growth and the increasing participation of individuals and institutions in the stock market wouldn’t be possible without the critical infrastructure provided by NSDL and CDSL. These two depositories form the backbone of the Indian securities market, ensuring safe, efficient, and transparent transactions. What…

  • How to Trade Channels: Understanding the Upper Channel Line Break Sell Rule

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    by

    Pratik
    in,

    Technical analysis plays a crucial role in helping traders identify potential buying and selling points in the stock market. One key technique within technical analysis is understanding how to trade channels. A prominent strategy within this realm is the Upper Channel Line Break Sell Rule. Let’s break it down. What is an Upper Channel? Within…

  • Market Analysis Today- 13/03/2024

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    by

    Pratik
    in,

    In today’s market analysis, we’ll delve into the dynamics of supply and demand within the stock market. Let’s start with a chart of Nifty 50. Nifty 500 and Nifty Bank and mid and small-cap index.     In today’s market analysis, 50-daythe  Simple Moving Average (SMA) serves as a crucial indicator for me, providing a…

  • Chalet Hotels- What chart Says

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    by

    Pratik
    in,

    Chalet Hotels is a prominent hospitality company primarily engaged in the ownership, development, and management of high-end hotels and resorts in India. I haven’t delved into the fundamentals of Chalet Hotels, so I refrain from commenting on its financial performance. However, by analyzing its chart, which suggests that price reflects all available information, here’s my…