Marketik

Marketik

✅ HCL Tech has been consolidating near its upper resistance zone, where both the Bollinger Bands and trendline resistance align. This zone around ₹1630-1650 is crucial as a breakout above this level could trigger significant momentum. ✅ The stock is showing strength, moving along the upper Bollinger Band, which often precedes a breakout when combined with rising...

Marketik

✅ **The stock** has been trading within an ascending channel supported by a strong 4.6-year-old trendline, indicating consistent bullish momentum. ✅ **Recently, TCS** is testing a crucial 3-year-old resistance level at ₹4300. A breakout above this level can signal the start of a significant upside movement, potentially leading to new highs. ✅ **The 100 EMA**...

Marketik

BEL has been in a strong uptrend, supported by an ascending trendline that has held firm since April 2024. This trendline, along with the 50 EMA, has been providing crucial support for the stock. The recent pullback has brought the stock close to this trendline, making it a critical level to watch.

Marketik

CRISIL is showing strong bullish potential after breaking out from a descending triangle pattern. The breakout is supported by increased volume and positive momentum indicators, suggesting that the stock could continue its upward trajectory. Investors should watch the ₹4,500 level closely for sustained support, as well as monitor the RSI for signs of overbought...

Marketik Updated 

✅The stock has been facing a 5.6-year old resistance trendline, which it has now successfully broken. Breaking such a long-standing resistance indicates a significant shift in market sentiment, paving the way for a potential long-term uptrend. ✅The stock has also broken out above the upper Bollinger Band, which typically signals the start of a new bullish phase....

Marketik Updated 

✅The stock is forming a symmetrical triangle pattern, a consolidation phase that typically precedes a breakout. The stock has been closing near the upper resistance of this triangle, indicating strong buying pressure and the potential for a breakout to the upside. ✅The ascending trendline within the triangle has provided consistent support, helping to maintain...

Marketik

✅The stock has formed a classic bullish cup pattern, indicating a potential continuation of the upward trend. The price is now approaching the key resistance level near ₹7,200, which marks the completion of the cup pattern. A breakout above this level could lead to a strong upward move. The rounded bottom of the cup pattern has provided consistent support,...

Marketik

✅The stock is in a strong uptrend, consistently forming higher highs and higher lows, supported by the 50 EMA and an ascending trendline. The stock is now approaching a key resistance level around ₹520, which has been tested multiple times. A successful breakout above this level could lead to further bullish momentum. ✅The 50 EMA has provided reliable support...

Marketik

✅The stock has been in a downtrend, forming lower highs and lower lows, indicating bearish momentum. However, it is currently testing a key support level near the 200 EMA, which often acts as a significant level for potential reversals. The 200 EMA, combined with the horizontal support, creates a critical zone where the stock could either bounce back or break down...

Marketik

✅The stock has been forming a falling wedge pattern, which is a bullish reversal pattern. A breakout above the upper trendline of the wedge signals a potential reversal from the long-term downtrend to an uptrend. The falling wedge indicates that the stock has been in a prolonged consolidation phase, and a breakout could trigger a significant upward move. ✅There...

Marketik Updated 

✅The stock has been in a consolidation phase within a rectangle pattern, indicating a period of accumulation. A breakout above the upper resistance level of the rectangle would signal a continuation of the prior uptrend. ✅The 100 EMA has acted as a dynamic support, maintaining the stock's price within the consolidation range. The lower support of the rectangle...

Marketik

✅The stock has been in a descending triangle pattern, typically a bearish formation, but it is currently testing the upper trendline for a potential breakout. The descending triangle pattern is identified by lower highs converging with a flat support level. ✅The 50 EMA and the ascending support line have provided solid support for the stock. The liquidity zone...

Marketik

-The stock has been in a strong uptrend, consistently forming higher highs and higher lows, confirming a bullish trend. An uptrend is characterized by the stock making higher peaks and higher troughs over time, indicating continuous buying pressure. -The 50 EMA has acted as a strong dynamic support throughout the trend, providing a reliable level where buyers...

Marketik

-The stock is testing a six-year-old strong resistance level around ₹600-₹630. This level was previously tested in 2018, 2019, and 2022, and has held firm each time. A successful breakout above this resistance would indicate a significant bullish trend continuation. -The stock has been respecting an upward sloping trendline since 2020, indicating a long-term...

Marketik

- The stock has been in a strong uptrend, forming higher highs and higher lows, confirming a bullish trend. - A significant liquidity zone was created around INR 320 during the election results day, providing a solid support level. - The stock is currently trading near the 0.5 Fibonacci retracement level at INR 422, which is a crucial resistance level. - Breaking...

Marketik

After a rally The stock is trading in parallel zone and formed flag & pole pattern which it can break easily because volume is high and it’s sustaining near resistance zone without any selling pressure. Keep in radar above 660 it will give strong momentum.

Marketik

- The stock has been trading within an ascending broadening wedge pattern, characterized by higher highs and higher lows. - Recently, the price bounced off the lower trendline support around INR 280, showing bullish strength. - There is a notable increase in volume, supporting the recent price surge, indicating strong buying interest. - The RSI is...

Marketik

✅The stock is showing a strong bullish momentum, breaking out from a rising wedge pattern that has been forming over the past year. This breakout is accompanied by high volume, indicating strong buying interest. ✅The stock has broken above the key resistance level at ₹900 and is currently trading around ₹945. ✅The Relative Strength Index (RSI) is showing a...