Marketik

Creative Peripherals Breaks 7-Month Consolidation with Volume

Long
NSE:CREATIVE   CREATIVE PERIPHERALS AND
✅ The stock has been consolidating for the past 7 months, finding strong support around INR 640 and repeatedly testing resistance near 870. Recently, it broke through this resistance with high momentum and significant volume, indicating a strong bullish trend. If the stock sustains above 870, it could see a rally towards 1,000, driven by increased investor confidence and buying pressure.

✅ Creative Peripherals reported a 53% increase in net sales for March 2023, driven by robust financial performance and strategic growth initiatives in the tech distribution sector. This growth positions the company to capitalize on the increasing demand for tech products and solutions.

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