Astrazeneca Pharma bounces from trendline support
Astrazeneca Pharma bounces from trendline support

Astrazeneca Pharma bounces from trendline support

Vinayak Gangule Article rating: 4.2

Considering the weekly time frame, the stock of Astrazeneca Pharma India Limited bounced back from the edge of a rising trendline support that is formed by connecting the swing lows since December 2018, which coincides with long-term moving average, i.e. 100-week SMA level.

CESC forms piercing line candlestick pattern
CESC forms piercing line candlestick pattern

CESC forms piercing line candlestick pattern

Vinayak Gangule Article rating: 4.3

Considering the weekly time frame, the stock has formed a piercing line candlestick pattern. The piercing line candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.

Wipro forms three inside down pattern
Wipro forms three inside down pattern

Wipro forms three inside down pattern

Vinayak Gangule Article rating: 4.0

Currently, the stock has formed three inside down candlestick pattern on the daily time frame. The three inside down pattern represents a confirmation of the bearish harami pattern, which indicates that the forecast is successful.

RIL board approves fundraising of Rs 25,000 crore via NCDs
RIL board approves fundraising of Rs 25,000 crore via NCDs

RIL board approves fundraising of Rs 25,000 crore via NCDs

Avalokita Pandey Article rating: 3.2

Reliance Industries Limited (RIL) informed that its board of directors has approved a proposal to raise funds through the issuance of non-convertible debentures (NCDs) up to Rs 25,000 crore.

Godrej Properties to develop 2 new projects in Mumbai
Godrej Properties to develop 2 new projects in Mumbai

Godrej Properties to develop 2 new projects in Mumbai

Geyatee Deshpande Article rating: 3.5

Godrej Properties, which is considered as one of India’s leading real estate developers, will be adding two new projects in Worli and Matunga East area of Mumbai (Maharashtra).

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