NYKAA Positional PickNykaa looks positive..
Please refer the levels for more Info
Please consult your financial advisor before investing
All research for educational purposes only.
NYKAA trade ideas
SWING IDEA - NYKAA (FSN E-COMMERCE VENTURES)This study involves a meticulous examination of historical price patterns, chart formations, and key technical indicators that collectively point towards an opportune moment for investors in NYKAA .
Reasons are stated below :
The 155 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
50EMA and 200EMA support on daily timeframe.
Doji candle on weekly timeframe.
0.382 Fibonacci support.
Broke strong consolidation of 1year.
Target - 194 // 224 // 247
StopLoss - Daily close below 153
Nykaa, bulls seem to be in control!Bulls seem to be in control for Nykaa.
This is a very aggressive bullish EW count with a series of 1-2 1-2 nests.
Alternatively, it can also be counted as a 5 wave up (with no nests) shown as the red count. However, this alternate count will still not change the bullish case.
Will update the count as it develops.
This is definitely on chart to keep an eye on.
Thanks for reading!
NYKAA daily timeframe analysis for long term
NSE:NYKAA has given breakout to 158 consolidated Resistance level.
We can see long term move above 156 with SL of 150 and can average till 155.
Major targets levels are highlighted in blue lines.
NYKAA LONGConsolidation zone .
Once breaks, 225 315 can be seen
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
NYKAA can be TURNAROUND STOCKCMP 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...
NYKAA LOOKING GOOD FOR LONG Nykaa looking good for long for atleast 10-15%. this stock has been accumulating for long we can see good up move
Inverse Head & Shoulder pattern in NykaaAn inverted head and shoulder pattern is a significant technical analysis pattern commonly used in financial markets to identify potential trend reversals. Traders and investors widely recognize this pattern as it often signals a shift from a downtrend to an uptrend.
FSN E NYKAAsince ipo open it is going continously down now it is forming bottom pattern and giving break out with gud volume. also supported by key moving average 20 & 200 MA.
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
BO in Nykaain the chart we can see clearly BO on WCLBS
CMP 166
Traget - 220/240
Stoploss- 140
RRR is 1:3
RRR wise gud luking gud in the chart .
Not a recommendation only study pupose
NYKAA - Swing Long - T@ 200NYKAA appears to be bottoming out.
Opportunity to Swing Long.
Target 1 @ 200
300 targetNykaa is making a curvy up that will target making a circle and in this will result in 3x target.
Fii dii etc buying
Low risk and high potential trade opportunity in NYKAA.The NYKAA seems started making Higher Lows .
Its transforming from the bearish mode to bullish mode.
Stock is at good level to take entry with stop loss oof128 with target of 215.
Nykaa looks good for Higher Targets - Breakout of Inv H&S Nykaa on daily chart has given breakout of Inv H&S and looking good at CMP 153/- with SL of 129/-.
Nykaa(FSN E commerce)It appears promising for a potential reversal, having recently breached the long-term trendline and approaching a crossover with the weekly 50 moving average.
A secure entry point would be above the weekly 50 MA, ideally coinciding with the breakout of Gann levels.
Here are some advantages to consider:
1. Increased trading volumes.
2. The presence of a daily bullish Marubozu candlestick pattern.
3. A rebound observed from the 1/1 Fann angle.
For managing your positions, it's advisable to reference the designated chart levels for setting trailing stop-loss orders and identifying target points.
NYKAAStock is completely sideways channel.
Price below the moving averages.
Don't buy sell at this moment
Disclaimer this is my personal view for education purpose only.
NYKAA SHORT TERM SWING TRADE 15%swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Nyka bottoming out.As seen in the given chart, Nykaa seems to have bottomed out currently, and a breakout from the bottom range with a continuation green candle can give confirmation to a change of trend from long bearish trend to a new bullish trend.
NYKAA TRIANGLE PATTERN
swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
