Marketik

Marketik

1. **Support and Resistance Levels:** - The stock chart shows key levels where the stock price tends to reverse direction. The support level is around ₹120-₹140, where the stock finds it difficult to go lower and usually bounces back up. The resistance level is around ₹170-₹175, where the stock struggles to go higher and tends to drop back down. These levels...

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✅The stock has been forming a series of higher lows and has tested the 1200 resistance level multiple times over the past few months. With strong support at 800 and a bullish cup-and-handle pattern, it is likely to break out and rally if it sustains above the 1100 level. ✅Intellect Design Arena has reported a consistent growth in revenue, with a notable increase...

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✅Gujarat Fluorochem is showing strong support around the 100 EMA at 3047. The stock has been consolidating within a descending triangle pattern for the past few months, which it is now attempting to break out from. If the stock can sustain above the 3265 level, it could see a significant upward movement toward 4500. ✅Company recently expanded its product line in...

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SHALIMAR PAINTS ✅ The stock has faced challenges breaking through the 50 EMA, indicating a bearish trend in recent months. However, the stock has shown signs of a potential reversal with increased volume and momentum, suggesting it may soon test the 200 EMA. If it sustains above 160, further rally is expected, supported by an improving RSI and a bullish MACD...

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✅The stock has been testing a 17-year-old resistance level around ₹135. This resistance level has been a significant barrier for nearly two decades, making it a crucial point for investors. The stock has shown strong momentum and increased volume, indicating a potential breakout. If the stock sustains above ₹135, it could lead to a substantial upward rally,...

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1. RSI and Volume: RSI is on the rise, indicating increasing buying pressure. Volume confirms the upside momentum, suggesting strong bullish sentiment. 2. ADX and MACD: ADX is climbing, indicating a strengthening trend. MACD has experienced a bullish crossover, further supporting the bullish bias. 3. Higher Highs: The stock is forming higher highs in lower time...

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✅ It has already tested upper trend (white line) multiple time but failed which is 1 year old resistance, but this time the stock is coming with high momentum and should easily break it. If sustains above 475 then rally will start ✅ Fundamentally stock is very strong, i have analysed companies future plans of expansion and outlook all looks good ✅Water pumps...

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✅ Rane Holdings has broken out of a 1.9-year resistance level at INR 1,600 with a surge in volume, indicating strong bullish momentum. The RSI is in the overbought zone, suggesting a continuation of the upward trend towards INR 1,800. ✅ Recently, Harish Lakshman took over as chairman from L Ganesh, marking a leadership change that follows the group's significant...

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✅ 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...

Marketik Updated 

-strong closing near resistance looking very strong -rise in volume and rsi shows strength -above all major ema and sma -bb blast with macd crossover

Marketik

✅ Arihant Capital Markets is forming a symmetrical triangle pattern with resistance at INR 80 and strong support at INR 60. The stock has shown a bullish breakout signal, suggesting potential upward movement towards INR 90. ✅ Arihant Capital Markets recently reported a 120.9% YoY increase in net sales for Q4 FY24, reaching INR 62.41 crore, highlighting its robust...

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✅ Sun Pharmaceutical Industries is forming a symmetrical triangle pattern with support around INR 1,450 and resistance at INR 1,560. A breakout above 1,560 could signal a strong upward movement towards INR 1,650 and beyond. ✅ Sun Pharma reported a projected net profit increase of 18.4% for Q4 FY24, reaching INR 2,347 crore. The company has also recently secured...

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✅ Tata Technologies is trading within a descending channel and nearing strong support levels around INR 980. A breakout above the upper resistance line at INR 1,040 could signal a trend reversal and a potential rally towards INR 1,200. ✅ Recently, Tata Technologies reported a net profit increase of 6.1% sequentially for Q3 FY24, reaching INR 170.2 crore. The...

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✅HBL Power Systems is consolidating within a symmetrical triangle, with strong support around 450 and resistance near 520. A breakout above 520 could lead to a significant upward move. ✅ The company reported impressive financial performance for Q4 2024, with sales increasing to INR 6,100.86 million from INR 4,026.12 million a year ago, and net income rising to...

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CRUDE OIL FUTURES ✅it is consolidating before a breakout from a long-term descending trendline, signaling a potential strong upward move. ✅Strong support around 6500 levels due to the ascending trendline. The breakout above the resistance around 6900 suggests a potential move towards 8000+ levels. ✅indicators are showing bullish momentum, supporting the...

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✅The stock is breaking its all-time high after 2.6 years, signaling a strong upward move. ✅Strong support around 1300 levels due to the previous resistance now turned support. The breakout above the ATH suggests a potential move towards 1950+ levels. ✅RSI is at 67showing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish...

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✅ The stock broke out of an upward channel after almost a year, signaling a strong upward move. ✅ Strong support around 2620 levels with the 100 EMA and trend support. The breakout suggests a potential move towards 3500+ levels. ✅ RSI is at 66 showing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals. ✅Volume...

Marketik Updated 

- Support and Strong Close: Vishnu Chemicals has taken support in the lower trend and closed strongly, indicating potential bullish sentiment. - Symmetrical Triangle Formation: The stock has formed a symmetrical triangle pattern, which typically indicates a period of consolidation before a breakout. The pattern suggests that the stock is likely to break out to...