Anyone Observe exactly same chart of two different scrips?

Today, i.e. On 22nd May I was monitoring chart of BHARATFIN from morning as results were declared recently so keeping eye on price movement. Also watched chart of INDUSINDBANK which shocked and amazed me that both charts were exactly same, tick by tick everything looks like xerox copy. Never see such thing earlier. Does anyone observed the same earlier ? Reason behind this or it’s just a coincidence?


Yes because both are siblings

I think they had some merger or something around October, since then they mirror each other like Salman Khan in Judwaa movie

Just open both charts of last 1 year and see you will find out :slight_smile:

Not a coincidence , and not many will be able to comprehend this.

Just shows that intraday value of any stock is already pre-determined by pre-programmed algorithms.

Yes, Agreed with you to some extent, thinking same after seeing this :slight_smile:

Dear, Merger is different aspect, never seen same move like this one. Earlier tracked Vedanta & Cairn India but never seen such thing in that merger.

Also Check Nifty and Reliance, for most part they will be same, even for longer term.

Yes in other cases i dont know, in this case its due to that only

I am seeing since October, even intraday they have shown same moves many times

They are highly correlated.

HDFC Bank, reliance and nifty are some of the other examples.