NYKAA can be TURNAROUND STOCK

Updated
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...
Note
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Note
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keep sl in system and position size in check and then ride the trend
Note
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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 upmove
Trade closed: target reached
Chart PatternsdarvasboxTrend Analysistrianglepattren

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