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✅The stock has been in a consolidation phase, with price action forming a descending triangle pattern. Recently, the price has shown signs of breaking out from this pattern, indicating a potential bullish reversal. ✅ Immediate support around ₹240, which was a recent consolidation level. Stronger support near ₹220, aligning with the lower trendline and past price...

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Now Nifty at very strong support zone and also at retest zone if it doesn’t sustain above upper trend then only we need to unwind our position else wait patiently, fundamentally Indian market is bullish. World market is also showing strength.

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✅Neogen Chemicals is currently trading in a long-term ascending channel and is approaching a crucial resistance level at ₹1730. The RSI is showing a bullish divergence, indicating strong momentum building up. If the stock breaks above ₹1800 with significant volume, it could see a strong upward rally. The MACD also shows a bullish crossover, supporting the...

Marketik Updated 

-rounding bottom with very high volume -breakout in daily weekly monthly time frame -rsi rising looking very strong -Over the last 5 years, revenue has grown at a yearly rate of 0.15%, vs industry avg of -6.83% -Over the last 5 years, market share increased from 53.11% to 75.88% -In last 3 months, foreign institutional holding of the company has increased by 6.95%

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City Union Bank has broken out of a long-term descending triangle pattern, which has been in formation for over 2 years. The breakout above the upper trendline at around INR 170 is supported by a rise in trading volume, indicating strong bullish momentum. The RSI is also trending upwards, suggesting increasing buying pressure. MACD is showing a bullish crossover,...

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Vst Industries -it is bouncing strongly from lower support level, shows strength -volume is very high as compare to previous months -should break upper band band this time with strong momentum -and most importantly institutions targeting this stock

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✅RUPA & CO. has shown strong momentum, breaking out of a 1-year resistance level at 320 with a significant spike in volume. The stock has tested this level multiple times since May 2023 and now has a clear path for an upward rally if it sustains above 320. The RSI is also rising, indicating increasing buying pressure. ✅Rupa & Co. has been expanding its product...

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Rupa & Co has experienced multiple attempts to break the resistance at ₹320, forming a strong resistance zone over the past year. The recent price action has shown a significant increase in volume, indicating strong buying momentum. If the stock sustains above ₹320, it could lead to a strong rally. Rupa & Co, a leading player in the Indian innerwear market, is...

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✅The stock is approaching a 3.6-year-old resistance level within a downward sloping channel. After multiple rejections at this resistance, the recent breakout attempt is supported by a significant increase in volume and a bullish divergence in the RSI, indicating strong buying momentum. If the stock sustains above 225, it could trigger a rally towards 325-350...

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✅The stock has been moving within an ascending triangle pattern, which indicates a potential bullish breakout. It recently tested the upper resistance trendline and showed a strong upward movement with significant volume, suggesting a breakout towards higher levels. The support level is maintained at the lower trendline, providing a good risk-reward...

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Voltamp Transformers Overview: Voltamp Transformers is a leading manufacturer of transformers and allied products in India, known for its high-quality and reliable products. The company has a strong market presence and serves a wide range of industries including power, infrastructure, and renewable energy. Technical Analysis: - Resistance Breakout and Support:...

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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,...

Marketik Updated 

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...

Marketik Updated 

✅ 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...