TTK Healthcare Limited (TTKHLTCARE) Stock - Complete Technical Analysis - Sep 13, 2024

"TTK Healthcare Technical Analysis: Bullish Signals & Key Levels TTKHLTCARE Stock Update"

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.

Heres a detailed technical analysis for TTK Healthcare Limited (TTKHLTCARE). The stock is currently trading at 1,745, which is approximately 8.14% below its 52-week high and about 57.99% above its 52-week low.

The technical indicators present a generally positive outlook for TTK Healthcare. The RSI indicates that the stock is neither overbought nor oversold but is leaning towards a stronger bullish sentiment. The MACD is positive, reflecting a bullish trend, supported by the strong Awesome Oscillator reading. The ADX is high, suggesting a strong trend in place, which aligns with the bullish momentum seen in the Momentum indicator.

The current price is above most of the key moving averages, including the Exponential and Simple Moving Averages, suggesting that the stock is in an uptrend. The Ichimoku Base Line and the Volume Weighted Moving Average are also above the current price, indicating potential support levels.

A recent Inside Candle pattern suggests consolidation within a defined range, with the price trading between 1,827.85 and 1,663.25 over the past two days. This pattern indicates that the stock might be building up for a breakout or a significant move in either direction once the consolidation phase ends.

In summary, TTK Healthcare shows strong bullish signals, supported by positive indicators and the current trend above key moving averages. Traders should watch for potential breakouts from the consolidation range indicated by the Inside Candle pattern.