Marketik

Marketik

Fundamental Highlights: Market Capitalization: ₹37,020 crore Price-to-Earnings Ratio (P/E): 10.9 Return on Capital Employed (ROCE): 26.6% Return on Equity (ROE): 22.8% 3-year Sales/PAT Compound Annual Growth Rate (CAGR): 19%, 6% Technical Analysis: Since October '17, the price has exhibited sideways movement. A breakout has occurred this week, surpassing both...

Marketik

-Symmetrical Triangle breakout with strong candle now trading near resistance -rise in volume and rsi -taking support from EMA ribbon -keep in radar above 1090 it can give decent return

Marketik

-trend support from lower levels -broke resistance with strong candle & closing -taking support from 50 ema -rise in volume and rsi -keep in radar above 3840 it can give decent return

Marketik

-taking strong support in 50 ema -bullish above 23 -rsi & adx rising shows strength in momentum -macd crossover & above all MA ribbon

Marketik Updated 

-Volume increasing slowly -rsi and adx showing strength -flag breakout

Marketik Updated 

First it was in a parallel zone then it broke but did not sustained upside and came back back to zone but this time it has broke the zone with high volume likely to continue upside momentum.

Marketik Updated 

-ready to break triangle -consolidating near resistance -strong support from 50 EMA & lower trend -keep in radar it can give good return

Marketik Updated 

🎄 Swing Trade 📈 REDTAPE @570 ✅Breaking All Time High ✅ W pattern breakout ✅Rise in volume & Rsi ✅Keep in radar it can give good return

Marketik Updated 

-symmetrical triangle pattern breakout -high volume + strong closing -results were above expectations which boosts it further -rising RSI + ema zone breakout

Marketik Updated 

-JTEKINDIA looking good for intraday can move both side -currently at support if breaks 156 level then it can fall further 4-5% -above 162 it can move upside 2-3% easily -keep in radar it can give good momentum both side in intraday

Marketik Updated 

-KINGFA looking very weak broke all strong support zone -broke 50 ema & support -results were also not that good -broke ema support zone -closed in very weak zone -sell below 2090 it can give good profit

Marketik

-adani power currently in strong zone but can move both side -near trend support if breaks 512 level then it will fall further 3-4% -below there is 50 ema which will support -volume is just decent so chances of recovery is very high -keep in radar it can give decent return both side with good rr

Marketik Updated 

-broke 16.3 year old trend line now it should retest -Nifty has shot up 15% in last 3 months from lower levels without any proper retracement -Rsi divergence in Monthly Time Frame -This data is in monthly candle more details below in weekly candle

Marketik Updated 

📈 FDC @425 ✅ Possibility is very high that it will break 8 year old upside trend ✅ Resistance breakout in Daily TF ✅ Earlier RSI was in overbought zone that's why didn't sustained above but now it's perfect ✅Also taking support from lower trend ✅Strong closing in weekly TF (Hammer)

Marketik Updated 

-resistance breakout with very high volume -support from lower trend and 50 ema -very strong closing -i am expecting 50% move from here

Marketik Updated 

-Volume very high -trend breakout -Breakout & retest done -institutions are also active -above all crucial levels and ema

Marketik Updated 

-Major Trend + Resistance Breakout -strong closing -symmetrical triangle pattern breakout -taking support in lower trend

Marketik Updated 

-trading near resistance -strong support from 50 ema -rise in rsi -decent volume, should rise after breakout -keep in radar this can give good return