Marketik

Marketik

✅The stock is breaking out from an ascending channel, signaling a strong upward move. Strong support around 1900 levels due to the trendline. The breakout suggests a potential move towards 3200+. RSI is at 73 showing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals.Huge volume spike confirms strong buying interest...

Marketik

✅ The stock is breaking out after forming a long consolidation pattern, signaling a strong upward move. ✅ Strong support around 1100 levels due to the trendline. The breakout above the resistance around 1340 suggests a potential move towards 1800+ levels. ✅ RSI is at 65 showing strong bullish momentum. MACD histogram is positive, supporting the breakout with...

Marketik

✅The stock is showing signs of breaking out after forming a descending triangle, signaling a strong upward move. ✅ Strong support around 5500 levels due to the trendline. The breakout above the resistance around 6400 suggests a potential move towards 7000+ levels. ✅RSI is at 65showing strong bullish momentum. MACD histogram is positive, supporting the breakout...

Marketik

-The stock is breaking out above a 2-year old rising resistance, signaling a strong upward move. -Strong support around 837 levels with the 200 EMA and trend support. The breakout suggests a potential move towards 1000/1170 levels. -RSI is at 59showing bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals. -Volume increase...

Marketik

-The stock is showing signs of breaking out after holding an 8-year strong support, indicating a strong upward move. -Strong support around 100 levels due to the long-term trendline. The breakout above the resistance around 210 showing a potential move towards 300+ levels. -RSI is at 65nshowing strong bullish momentum. MACD histogram is positive, supporting...

Marketik

✅ The stock is trading in a narrow range and is on the verge of breaking a 2.9-year old resistance level, indicating a strong bullish move ahead. ✅Strong support around 800 due to the ascending trendline. The breakout above the resistance level shows a potential upward move towards 1300. ✅ RSI is at 76 showing strong bullish momentum. MACD histogram is positive...

Marketik

✅The stock has broken out above the key resistance level around 690-710, indicating a potential continuation of the bullish trend. ✅The ascending trendline provides strong support around the 580-600 range, reinforcing the stock's upward trajectory. ✅The RSI is at 72.78, indicating strong bullish momentum. The MACD histogram shows positive momentum, with a recent...

Marketik

✅The stock has broken out of a descending triangle pattern, indicating the end of the consolidation phase and a potential bullish trend. ✅The stock has strong support around the 1300-1400 range, with multiple touches along the ascending trendline. The breakout above the upper trendline suggests a strong upward move towards 1800 levels. ✅The RSI is currently...

Marketik

✅ The stock has consolidated for 5 months before breaking out, signaling the end of the consolidation phase and the potential for a strong upward move. ✅ The breakout has occurred above a key resistance level around 3020-3040, which was tested multiple times. The ascending trendline and the horizontal support level converge, providing strong support around the...

Marketik Updated 

The stock is forming a symmetrical triangle, nearing the apex, which suggests a potential breakout. The RSI is at 57.40, indicating positive momentum and a potential for further upside. The MACD shows a bullish crossover, with the histogram turning positive, suggesting increasing bullish momentum. Volume has been increasing, adding confirmation to the potential...

Marketik Updated 

The stock has broken out of an ascending triangle pattern, indicating strong bullish momentum. The RSI has broken out and is currently at 70.45, suggesting strong bullish momentum but nearing overbought conditions. The MACD shows a bullish crossover with a strong upward move in the histogram, indicating increasing positive momentum. The breakout is supported...

Marketik Updated 

The stock is testing its ascending support trendline, which has held strong multiple times, indicating a potential reversal. The RSI is around 50, indicating neutral momentum with potential for a bounce. The stock is currently trading near its 100 EMA, which aligns with the support trendline, adding strength to this support level. Immediate support is at the...

Marketik Updated 

The stock is trading within an ascending channel, currently testing the upper resistance line. The RSI is at 64.56, indicating strong bullish momentum but not yet overbought. A significant increase in volume supports the potential for a bullish breakout above the channel resistance. The stock is trading well above its 100 EMA, which aligns with the lower...

Marketik Updated 

✅The stock has been in a downward-sloping channel since October 2022, forming lower highs and lower lows. Recently, the price has broken above the upper boundary of this channel, indicating a potential reversal in trend. ✅There is an increase in volume, especially during the breakout above the upper boundary of the channel. This indicates strong buying interest...

Marketik Updated 

✅The stock has been in a strong uptrend, making higher highs and higher lows. Recently, the price action formed a consolidation pattern with a symmetrical triangle, indicating a potential continuation of the uptrend. ✅ Immediate support around ₹400, which was a recent consolidation level. Stronger support near ₹360, which aligns with the lower trendline and past...

Marketik Updated 

Breakout with Bullish Momentum ✅The stock has been in a consolidation phase between ₹440 and ₹560. Recently, the price has shown signs of breaking out above the upper resistance level, indicating a potential bullish move. ✅ Immediate support around ₹520, which was a recent resistance level. Stronger support near ₹480, aligning with the lower...

Marketik Updated 

✅The stock has been trading within a rising channel, encountering a 4.6-year-old strong resistance. Recently, the price has broken above this resistance, showing a potential bullish continuation. ✅ Immediate support around ₹180, aligning with the lower trendline. Stronger support near the 50 EMA at ₹154 providing a robust base for potential upward movement. ✅...

Marketik

📊 JTEKTINDIA ✅ The stock has broken a 20-year-old strong resistance (upper trendline) with high volume. ✅ Whenever it used to touch the upper trendline, it would fall by 20-30%, but this year (2024), in the last 6 months, it has tested the resistance 3 times and didn't fall, showing strength in the stock. It already broke the trend on June 14th, but I was...