Marketik

Marketik

✅ The stock is forming a symmetrical triangle pattern suggesting a period of consolidation before a potential breakout. A breakout above 85 with volume will likely lead to further bullish momentum. ✅ The rising trendline from previous lows around 73 provides a strong support zone indicating the stock’s resilience to downside pressure. ✅ Recent sessions have seen...

Marketik

✅ The stock has broken above the critical resistance level near 1050 signaling a strong bullish breakout. The price is trending above the 100 EMA confirming sustained bullish momentum. ✅ The RSI is at 67 reflecting strong momentum, with room to push further before becoming overbought. The breakout opens potential targets toward 1150-1200 in the near term. ✅...

Marketik

✅ The stock has rebounded strongly from the support zone near 400 and is now trading at 465, approaching a key resistance level. A breakout above 470 could lead to a rally toward 520-550. ✅ The 100 EMA and 200 EMA are providing strong support, reflecting a continuation of the bullish trend. The RSI at 53 indicates moderate momentum, with room for further...

Marketik

📈 Quess Corp ✅The stock has broken out of a long-term symmetrical triangle pattern, indicating a shift from consolidation to a potential uptrend. The breakout above this pattern suggests growing bullish sentiment, with the breakout point around 680 acting as a strong support level. The rising trendline from recent lows is reinforcing the stock’s upward...

Marketik

📈 Suven Life Sciences ✅The stock is showing strength by bouncing off the 100 EMA level which serves as a dynamic support line around 124 This level has historically acted as a base for bullish reversals. The support level near 120 has been retested successfully, indicating sustained buyer interest. This level has proven significant multiple times enhancing its...

Marketik

Krsnaa Diagnostics has successfully broken above the critical resistance zone around 850-860. This level previously acted as a strong barrier, restricting upward movement for over a year. Breaking above this zone signifies a bullish trend reversal, opening the path for higher levels. The breakout is notable as it occurs on a weekly timeframe, indicating a...

Marketik

📊 Paradeep Phosphates ✅ The stock is nearing a crucial resistance level around 95, a level that has acted as a cap on price movement for several months. A sustained move above this level with strong volume could confirm a breakout, paving the way for higher targets. ✅ The price is comfortably trading above the 200 EMA indicating a bullish trend and strong...

Marketik

📊 Federal Bank Ltd ✅ The stock has successfully broken above a descending trendline that has been acting as resistance for the past few months. This breakout, accompanied by increased volume indicates strong buying interest and a potential shift in trend direction. ✅The recent price move was supported by a notable surge in volume, further validating the...

Marketik

✅The stock has completed a rounded bottom pattern, which is a bullish reversal pattern indicating a shift from a downtrend to an uptrend. The recent price action reflects a steady upward momentum, showing that buyers are gaining control. A breakout above the neckline of this formation can lead to a substantial rally. Vedant Fashions is currently testing the 1,400...

Marketik

✅The stock has been consistently trending within an ascending channel for most of the year, respecting both the upper and lower trendlines. Currently, it has pulled back to a key support zone near 13800, which coincides with the lower trendline of the channel, suggesting a potential bounce from these levels. ✅ The 50 EMA has provided solid support to the stock...

Marketik

📊 Voltamp Transformers ✅ The stock has been consistently trending higher following a robust ascending trendline since early 2024. This trendline along with the 100 EMA has provided strong support in the past. The recent pullback to this level suggests a potential bounce-back opportunity with the trendline acting as a foundation for renewed upward movement. ✅...

Marketik

📊 Bannari Amman Sugars ✅ The stock has recently broken out above a massive 18-year-old resistance trendline, a highly significant technical event. This breakout from such a long-term resistance level indicates a major shift in sentiment and could lead to substantial upside as the stock enters a new growth phase. ✅The stock is comfortably trading above its 50...

Marketik

✅ Cup and Handle Pattern Formation: The stock has formed a classic cup and handle pattern over several years, a bullish continuation pattern that signifies accumulation and a potential for a strong uptrend. The handle phase appears to be nearing completion, with the stock testing the upper trendline, indicating a breakout may be imminent. ✅ Successful Retest of...

Marketik

✅The stock is currently testing a descending trendline that has been acting as resistance since August. A breakout above the 1900 level would confirm a reversal and signal a potential move toward higher levels. Traders should watch for a close above this trendline to confirm the breakout. ✅ The stock has successfully held above the 100 EMA and 200 EMA showing...

Marketik

✅The stock is on the verge of breaking out of a long-term descending channel that has capped price movement since mid-2021. A close above 3000 would confirm the breakout and could lead to a sharp rally toward the previous highs around 3500. The stock has been consistently trading above key moving averages—50 EMA, 100 EMA, and 200 EMA—indicating that the long-term...

Marketik

✅The stock has broken out of a descending trendline that has been in place for nearly two years. This breakout marks a significant reversal in the trend indicating that the stock may now be entering a bullish phase. The breakout above the 170 level suggests that the stock is ready for a strong upward movement. A strong breakout has been confirmed by a noticeable...

Marketik

✅ The stock has already broken out from a flag & pole pattern on the daily time frame which is an extremely bullish continuation setup. This pattern typically indicates a period of consolidation followed by a sharp rally and the breakout suggests that the stock is ready to make new highs. ✅On the weekly chart the stock has successfully broken out of a...

Marketik

✅The stock has broken out of a symmetrical triangle pattern a formation that typically signals a continuation or reversal of a trend. The breakout above the upper trendline indicates that buyers have regained control and the stock is poised for further upside. This move marks the end of the consolidation phase and suggests a potential rally. ✅The stock has been...