Tag: pattern

ACC Share Price: Chart Check: This cement player gave a breakout above ‘Downing Wedge’ pattern; time to buy?

[ad_1] The ACC, a share of the cement industry, has fallen over 16 per cent from its November 2021 highs, but a breakout from a ‘falling wedge’ pattern on the weekly chart suggests that bulls may take control, at least in the short term. It outperformed the benchmark index on a weekly and monthly basis […]

IndusInd Bank Share: Chart Check: IndusInd Bank forms a Head and Shoulders pattern; Less than target of Rs 650 in 1-2 months: Kapil Shah

[ad_1] The bank, part of the private sector banking sector, has fallen over 30 per cent from its October 2021 highs and puts the stock in a bear grip and the chart pattern suggests the pressure is likely to continue. The stock with a market capitalization of over Rs 63,000 crore hit a 52-week high […]

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