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 trade ideas
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.
NYKAA Positional Buy Idea 28.04.2023As per my analysis on NSE:NYKAA chart, if any 45min close and sustained above level of 122, then we can make buy entry at 122-125 with stop loss of 113 (Daily candle close).
My expected upside target would be 137 & 175 (If price succeed to sustained above 137)
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Reverse Indicator Head and shoulders Breakout trend Line and showing Reverse indicator head and shoulders method
Nykaa share showing RIHS Pattern and analyzed by day candles Nykaa shars is the one of the leading fashion group future growth company which is showing a long down trend and followed reverse indicator Head and Shoulders pattern again trend breakout rightnow....we expect profit to breakout Rs149 and move to Rs 178.50 with in short-term .
Buy price Rs150
Profit price Rs178.5
Sell price Rs140...
Expect profit 20%
Trendline Breakout in FSN E-Commerce Ventures Ltd (NYKAA)...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Nykaa - Might fall in futurePrice touched the strong bearish trendline and there is bearish flag this can lead to a sharp price fall in future. But wait for confirmation.
Traders Disclaimer:
The above statement is my predication only so please do your own analysis before taking any trades.
NYKAA Next support is 38% awayNykaa
1. Lower High lower Low Structure
2. This week broke previous support @ 162.50 levels
3. Trading in Un-charted territory
4. Further support can be derived with the help of Fibonacci.
5. Plotted Fibonacci Extension connecting swing high of 428.95 and 315.45 and swing low of 203.15.
6. Fibonacci giving us the next support @ 89.65, which is 38% below the current Price.
7. Structure is super weak, plus the market overall is also weak, hence anything is possible.
8. Keep stock on the radar, and track price action to see if it forms any support in between the current price and Fibonacci support.
9. Don't bottom phish this stock as it has its IPO Price with Huge Volume, and the same levels would now act as strong Resistance
10. Resistance: 180-190, support at 100-90
In good buy zone short term call like week or 2 week Buy @ 175 to 178
Target (1) 191
Target (2) 221
Stop loss @ 165
This is just for education purpose
Nykaa...or Khalnykaaa50% drop since IPO.
High time SEBI Board should be fired.
bunch of nincompoops.
This is not crypto RUG PULL, this is NYKAAsad and Funny but true
This is a pure pump and dump stock
Nykaa only made profits on investors Money, Indian markets should ban such companies and their ads on media
NYKAA - Pennant PatternFSN E Commerce (NYKAA):
Monthly Trend: Cannot be ascertained, too little data.
Weekly Trend: Downtrend, current consolidation starting from 09 May, 2022 may lead to either a downtrend or an uptrend.
CASE 1: If it falls further, it will be a continuation of the previously established downtrend with the current consolidation acting as a secondary trend.
CASE 2: If it breakout, there is a possibility that it will consolidate upwards. 1850 - 80 will act as a major resistance in this scenario.
Daily Trend: In the daily timeframe, NYKAA is trading within a pennant. Either a breakout or a breakdown from this may lead to scenario discussed in the weekly trend part.
NYKAA Which way will it blast? Nykaa Making us wait patiently!
Stay tuned!
It can breakout both sides, stay calm and watch
When Will This ResolveNaykaa is in very long tight consolidation, its a pain waiting for it resolve.
Nyka daily Trend line break downNyka break down Trend line,
1st Support - 1394
2nd support - 1374
Good for intraday day ,if break 1394 we can sell for Target 1375
