Creative Newtech Ltd (Formerly known as Creative Peripherals and Distribution Limited) is a distribution and marketing partner of Global IT, Imaging and Lifestyle brands catering to their distribution requirements through its omni-channel presence.
IT/Gaming Products: The Co offers a range of IT hardware products like printers, supplies (cartridges), PC...
Creative Peripherals NSE:CREATIVE - Seems to be clearly breaking out of trendline from recent lows during the May-2023 time frame. Clearly, CCI is crossing above 100 on the Weekly time frame.
On Daily Time Frame
2023 March results - Net sales up by 53%. And financials can be seen below.
Also on Daily time frame basis - we can see all indicators are on...
The stock is moving in a sloping Wedge. It has taken support at lower Trendline on the weekly chart and moved on. RSI has moved upward from the oversold zone. In ADX, +DI has crossed -DI. We can expect price movement up to 105 to 115 in near terms.
