Md Jamil
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Asian Paints is currently undergoing an extensive period of consolidation in its significant upward trend since breaking out from its base at the price level of 53. The stock’s prices are fluctuating within a range of 25%, which is a typical market behavior. It is advisable to closely monitor the stock’s performance around the 2700 level… Read more
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Today, I initiated a new purchase in AMIORG. This decision was based on its display of strength in maintaining the breakout levels of a 70-week long consolidation range. I’m optimistic that these levels will be sustained in the future. Read more
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City Gas Distribution (CGD) firms like Indraprastha Gas (IGL) and Mahanagar Gas (MGL) experienced a decline in their stock prices on Friday, October 20th, following the Delhi government’s approval of the electric vehicle (EV) policy for ride-sharing and delivery services. Jefferies reports that this decision could potentially affect 30% of IGL’s total sales volumes starting… Read more
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HDFC Life has now joined the list of ascending broadening wedges featured on my blog. Currently, it appears to offer an appealing risk-to-reward opportunity. The stock is trading in proximity to the lower boundary of the pattern and has exhibited a breakout after a 15-month period of consolidation, which was confined within a tight 25%… Read more
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I had some initial doubts when composing my Zomato stock analysis post. This hesitation stemmed from my limited exposure to symmetrical triangle patterns leading to reversals. However, I was pleasantly surprised to discover that the Zomato stock price chart defied my expectations, delivering an impressive nearly 90% profit gain. Previous post: link Read more