“ChartTalk” – Technical Newsletter
Is This A Good Time To Enter This Defence Engineering Stock?
The defence equipments and engineering sector has been quite vibrant over the past couple of weeks and it is seen relatively outperforming the broader markets. This year it has already given a return of nearly 50% on average, while still leaving some more potential...
ChartTalk: Confirmation Of A Reversal Of Trend On Cards For This Stock
The journey of this stock has been amazing; from the low point of 19 formed in March 2020 when the markets overall made their low point following the onset of the pandemic, the following months saw this stock posting fantastic returns over the coming months. From the...
ChartTalk: Price Move In This Media Stock Might Make News… Here Is Why!
Over the past couple of months, the Media stocks are showing some improvement in their relative performance against the broader markets. They had grossly underperformed in the past the most recent weeks have shown them trying to make a comeback. The Media stocks might...
ChartTalk: Is There A Potential Breakout In The Offing?
This telecom stock has seen some classical technical patterns playing out very well on the charts. BHARTIARTL marked a classical double top resistance near 780 levels between November 2021 and April 2022 that spanned over five months. The most recent price action...
ChartTalk: Is This Metal Stock At The Cusp Of Reversal? Let’s Find Out
Following marking of its most high near 406 levels, VEDL witnessed a sharp secular corrective move. This move on the downside saw the stock paring over 49% of its value from its peak over the past four and half months. This corrective move also saw the stock marking...
ChartTalk: Lead Indicators Suggests A Potential Upside In This Food Service Stock
After forming its most recent high point in the last quarter of 2021, JUBLFOOD has been under a corrective decline. The stock has shown retracement from its highest price point and has been in a falling channel for the last eight months. Some developments on the...