Blogs Posts on "Rounding Bottom"
Stock Chart Pattern - Canara Bank by Stock Market and Mutual Fund Investments in India on Oct 28, 2009The stock chart pattern of Canara Bank seems to indicate that market players were not particularly impressed by the 72% increase in net profits in Q2 '09 (Rs 910 Cr vs. Rs 529 Cr in Q2 '08). Why? This article reveals the story. The increase in Net...
Stock Chart Pattern - JK Lakshmi Cement by Stock Market and Mutual Fund Investments in India on Jul 16, 2009The stock chart pattern of JK Lakshmi Cement shows that it is one of those resilient stocks that are not too bothered by the gyrations of the BSE Sensex index. The cement sector has not been a great favourite of mine. The large investments needed f...
How to Profit from the Cup-and-Handle Chart Pattern by Stock Market and Mutual Fund Investments in India on Jul 7, 2009An interesting addition to the technical analysis tool set is the Cup-and-Handle chart pattern. It is very much like a bullish 'saucer' or 'rounding bottom' pattern, but provides additional points of entry. There is no better way to learn about new...
Stock Chart Pattern - Indian Hotels by Stock Market and Mutual Fund Investments in India on Jun 24, 2009The stock chart pattern of Indian Hotels Co Ltd is unlikely to get investors all excited about jumping in. The stock made a low in Mar '09 and participated in the subsequent rally but failed to beat even its Sept '08 high. The stock corrected about...
Stock Chart Pattern - Sanghvi Movers by Stock Market and Mutual Fund Investments in India on Jun 18, 2009The stock chart pattern of Sanghvi Movers has a couple of interesting formations - one is very positive, and the other - which is still forming - is quite negative. Before delving in to the details, a small confession. I have very little information...
Stock Chart Pattern - Maharashtra Seamless by Stock Market and Mutual Fund Investments in India on May 20, 2009The stock chart pattern of Maharashtra Seamless will reveal that you can not keep a good stock down for too long. It is a market leader in its niche of seamless pipes used in gas and oil exploration in India and overseas. With low debt, positive cas...
Stock Chart Pattern - DLF Ltd by Stock Market and Mutual Fund Investments in India on Apr 22, 2009The stock chart of DLF has formed an interesting bottoming pattern. There are several reasons I don't much care about the real estate sector. Lack of transparency from managements, proliferation of 'black' money in most deals, lack of standards in re...
Stock Chart Pattern - Infosys Ltd. by Stock Market and Mutual Fund Investments in India on Apr 15, 2009For this week's stock chart pattern discussion, I could not think of a more appropriate stock than Infosys. A bellwether of the Indian stock market and a perennial favourite of foreign and domestic investors for the longest time, Infosys seemed to ha...
Taiwan (TSEC) Chart Pattern - Apr 10, 2009 by Stock Market and Mutual Fund Investments in India on Apr 12, 2009When I discussed about the Taiwan (TSEC) chart pattern on Friday, Apr 3, '09 I had made the following observation:- In the Mar '09 rally - in tandem with global markets - it has not only pulled out of the consolidation phase, but has made a clear...
TSEC (Taiwan) Chart Pattern - Apr 3, 2009 by Stock Market and Mutual Fund Investments in India on Apr 3, 2009Last week, we had taken a look at the Hang Seng chart pattern, and it looked quite similar to the Sensex chart pattern. The Taiwan index chart pattern gives quite a different view. Let us have a look at the TSEC 6 months closing chart pattern:-...
