Marketik

Marketik

✅ The stock has broken out of a long-term ascending wedge pattern which had been forming since 2020. The breakout above the 650 level signals a potential continuation of the bullish trend. The breakout has occurred on strong volume, reinforcing the likelihood of further upward movement. ✅The RSI stands at 7 which indicates strong momentum behind the recent...

Marketik

✅ The stock has finally broken out of its long-term resistance near 54-55 which has acted as a significant ceiling since its IPO. This level marks the upper boundary of its trading range for the past two years and the breakout is a strong signal for further upward movement. ✅ The breakout is accompanied by a surge in volume indicating strong buying interest. The...

Marketik

✅ The stock has convincingly broken through its long-term resistance level of 1044 which has been in place for over 6 years. This breakout signals a major bullish reversal in the stock's long-term trend. ✅ The breakout is backed by a notable surge in volume, adding credibility to the move and reducing the risk of a false breakout. The increased buying interest at...

Marketik

✅ The stock has rebounded strongly from the 50 EMA and is approaching the upper trendline of the channel. This indicates renewed bullish momentum. ✅ Immediate resistance lies around 725. A breakout above this level could push the stock higher. Support is seen at 675, reinforced by the 50 EMA. RSI is near 56, showing positive momentum with more room for the upside.

Marketik

✅ The stock is trading within an ascending channel, indicating a sustained uptrend. It recently tested the lower support of the channel and has bounced back strongly. ✅ The stock is heading towards the 100 level, where it may face resistance and if breaks it successfully a new rally will start. Support remains strong around 85, reinforced by the lower trendline.

Marketik

✅ The stock is forming a flag & pole pattern, indicating consolidation before a potential breakout. It is testing the 185 resistance level, which could trigger a bullish move. ✅ The 100 EMA is acting as strong support at 168, reinforcing the uptrend. A breakout above 185 could see the stock heading towards 200. RSI is trending at 64, signaling bullish momentum...

Marketik

✅ The stock has formed an inside candle pattern near the 700 resistance level. This pattern suggests consolidation before a potential breakout. The price is also supported by an upward trendline. ✅ RSI is at 66, showing bullish momentum with room to move higher if the breakout occurs. ✅ A confirmed breakout above 700 could push the stock toward 750 in the short term.

Marketik

✅ The stock is approaching a critical resistance level near 1380, which coincides with its all-time high (ATH) and the upper boundary of its IPO range. This level has acted as a significant barrier in the past. ✅ The RSI is trending upwards around 60, indicating growing bullish momentum as the stock challenges this key resistance. ✅ If the stock successfully...

Marketik

✅The stock has been trading within a rising channel and is currently breaking above the upper boundary near 1150. This breakout indicates a potential continuation of the bullish trend. ✅ The RSI is trending upwards around 66, reflecting strong bullish momentum. The stock has consistently respected the rising channel, with the current breakout suggesting further...

Marketik

✅ The stock has been trading within a descending channel, with the price now approaching the upper boundary near 300. A breakout above this trendline could signal a reversal of the downtrend. ✅ The RSI is trending upwards around 66, indicating growing bullish momentum. The recent price action suggests a potential shift in market sentiment. ✅ If the stock...

Marketik

✅ The stock is trading within a symmetrical triangle pattern, with the price approaching the upper trendline near 850. A breakout above this level could signal a continuation of the bullish trend. ✅ The RSI is trending upwards and is around 59, indicating increasing bullish momentum. The stock has been respecting both the upper and lower boundaries of the...

Marketik

✅ The stock has been trading within a well-defined rising channel, with the price currently nearing the upper trendline around ₹1,120. This suggests potential for a breakout if bullish momentum continues. ✅ The RSI is trending upwards and is around 68, indicating growing bullish momentum. The stock has shown strong resilience within the channel, respecting both...

Marketik

✅ The stock has been trading within a long-term symmetrical triangle pattern, with the price recently breaking out above the upper trendline around ₹460. This breakout suggests a potential shift from consolidation to a new bullish trend. ✅ The breakout is confirmed by a significant increase in trading volume, indicating strong buying interest. The RSI is...

Marketik

✅ The stock has been in an uptrend, supported by an ascending trendline since late 2023. Recently, it broke out above the significant resistance level at ₹955, indicating a potential continuation of its bullish momentum. ✅ The RSI has reached around 72, signaling strong bullish momentum. Although in overbought territory, this reflects the strength of the...

Marketik

✅ The stock has been consolidating under a descending trendline + created Flag & pole pattern after a strong uptrend in late 2023. The price is now attempting to break above this trendline, which could signal the resumption of the uptrend. ✅ The RSI is currently around the 60 mark, indicating building bullish momentum. Although volume is moderate, the price...

Marketik

✅ The stock had been facing strong resistance around ₹215, a level that was tested multiple times in 2022 and early 2023. The recent breakout above this level marks a significant bullish move after a period of consolidation. ✅ This breakout is accompanied by a noticeable increase in trading volume, indicating strong buying interest, which adds credibility to the...

Marketik

✅ The stock is trading within an ascending triangle pattern, showing a strong bullish breakout above the upper resistance level around ₹2,150. This breakout indicates a continuation of the uptrend that began in May 2024. ✅ The RSI is trending upwards and is currently around the 68 mark, indicating strong bullish momentum. The recent spike in volume further...

Marketik

✅ The stock is trading within an ascending channel, with the price nearing the upper trendline, indicating a potential breakout. The stock is attempting to break above this trendline, which could lead to a significant bullish move. ✅ The RSI is trending upwards and is currently around the 70 mark, suggesting strong bullish momentum. The recent surge in volume...