Mayank Gupta

The Shooting Star candlestick pattern at the top

RBLBANK The Shooting Star candlestick pattern at the top is a potential bearish reversal signal that forms after an uptrend or a strong price rally. It has a small real body near the lower end of the candle, a long upper wick, and littl… See Moremore

IndiGo (InterGlobe Aviation) has strong long-term growth

INDIGO IndiGo (InterGlobe Aviation) has strong long-term growth potential, supported by rising air travel demand and its leading position in India’s domestic aviation market. However, profitability remains sensitive to aviation turbine… See Moremore

Angel One is currently attempting to build a base

ANGELONE Angel One is currently attempting to build a base near the ₹270–₹280 zone, which appears to be an important support area around the stock’s earlier breakout region and descending trendline. The concept of “previous breakout resi… See Moremore

A Fake Breakdown occurs when the price breaks below

TATAELXSI A Fake Breakdown occurs when the price breaks below an important support zone or trendline support, creating the impression of a bearish trend, but fails to sustain below that level and quickly moves back above it. This moveme… See Moremore

A bearish candlestick pattern at a trendline resistance

COALINDIA A bearish candlestick pattern at a trendline resistance zone indicates that sellers are becoming active at a price level where the market has repeatedly faced selling pressure. When the price approaches a downward-sloping trend… See Moremore

MTNL is a government-owned telecom company

MTNL MTNL is a government-owned telecom company providing services primarily in Delhi and Mumbai, but its financial position remains highly stressed due to declining revenue, heavy debt and substantial interest expenses. In FY 2025–26, t… See Moremore

Bank Nifty has remained under pressure over the last three

SBIN Bank Nifty has remained under pressure over the last three months due to a combination of heavy foreign institutional investor (FII) selling, global economic uncertainty, rising crude oil prices, higher US bond yields and concerns a… See Moremore

When a Doji candlestick forms near the top of a chart

POWERGRID When a Doji candlestick forms near the top of a chart, followed by consolidation and an eventual trend reversal, it may indicate weakening bullish momentum and a possible shift in market sentiment. A Doji forms when the openin… See Moremore

When prices consolidate near the top after a strong upward

ULTRACEMCO When prices consolidate near the top after a strong upward move, it may indicate that bullish momentum is weakening and buyers are struggling to push the price towards new highs. During this phase, the stock moves within a nar… See Moremore

Dr. Reddy’s Laboratories is a major Indian pharmaceutical

DRREDDY Dr. Reddy’s Laboratories is a major Indian pharmaceutical company with a diversified presence in generic medicines, branded formulations, active pharmaceutical ingredients (APIs), and international markets. One important recent… See Moremore

Before taking any breakout trade, there are 5 important

HDFCLIFE Before taking any breakout trade, there are 5 important factors to check for better confirmation: (1) Volume: A genuine breakout should ideally be supported by a significant increase in trading volume, indicating strong partici… See Moremore

share is rising primarily due to strong business growth

CUPID Cupid Ltd. share is rising primarily due to strong business growth, repeated upward revisions to FY27 financial guidance, and increased investor interest. On October 9, 2026, the stock hit a fresh 52-week high of ₹368 after the co… See Moremore

GMR Power and Urban Infra Ltd. – Technical and Fundamental

!GMRP&UI On the technical front, GMR Power and Urban Infra is trading around ₹98.10 on the daily chart and is consolidating near a major horizontal support zone of ₹88–90, which has been tested multiple times and appears to be an importa… See Moremore

banking shares in India could benefit from a combination

SBIN For the next six months, banking shares in India could benefit from a combination of credit growth, lower funding costs, improving asset quality, and stronger deposit mobilisation. The most important triggers to watch are RBI’s… See Moremore

UCO Bank reported an approximately 8% year

UCOBANK UCO Bank – Fundamental Update: UCO Bank reported an approximately 8% year-on-year increase in net profit to ₹656 crore in Q1 FY27, while net interest income (NII) rose around 17% to ₹2,808 crore, indicating healthy growth in its… See Moremore

An Inside Candle Breakdown is a bearish price-action

TMPV An Inside Candle Breakdown is a bearish price-action pattern that occurs when a candle forms completely within the high-low range of the previous candle, known as the mother candle, indicating temporary consolidation and a pause in… See Moremore

SEPC Limited demonstrates a classic trendline breakdown

SEPC SEPC Limited demonstrates a classic trendline breakdown, retest, and further downside pattern. Initially, the rising trendline acted as a support zone, where buyers repeatedly entered and attempted to maintain the bullish structure.… See Moremore

Shakti Pumps (India) Ltd. is a leading Indian manufacture

SHAKTIPUMP Shakti Pumps (India) Ltd. is a leading Indian manufacturer of energy-efficient pumps, motors and solar pumping systems, with business exposure to the government’s solar irrigation and renewable-energy initiatives, including th… See Moremore

NCC Limited is a leading Indian infrastructure

NCC NCC Limited is a leading Indian infrastructure and construction company with operations spanning roads, buildings, water and irrigation projects, electrical transmission, and transportation infrastructure. The company’s fundamental o… See Moremore

Adani Enterprises is facing strong resistance

ADANIENT Adani Enterprises is facing strong resistance around the ₹3,000 psychological level, which is also acting as an important hurdle in the context of the descending trendline resistance visible on the daily chart. Psychological lev… See Moremore