NYKAA can be TURNAROUND STOCK
CMP 152
SL 136
TARGET 190
Consolidating in range 120 -154....will be box breakout above 154
also formation of higher lows and after falling from 151...so range getting compressed and small...also ascending triangle pattern visible ....therfore can be good risk reward ratio here..
keep quantity small and increase after 154 breakout...
SL 136
TARGET 190
Consolidating in range 120 -154....will be box breakout above 154
also formation of higher lows and after falling from 151...so range getting compressed and small...also ascending triangle pattern visible ....therfore can be good risk reward ratio here..
keep quantity small and increase after 154 breakout...
Note
Note
keep sl in system and position size in check and then ride the trend
Note
can book some quantity
keep avearge near 160 or add above 180
sl correct is 157...
try to ride for 190 and 210 target
Note
retest of 161 support level done now ready for another upmoveTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.