NYKAA trade ideas
NYKAA LONG TRADE SETUP📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
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Nykaa or KhalnykaaWhat a disaster this has been
ONly people who have made money are the promoters by selling their Overpriced stock to Gullible investors
Results by first week, would be a completde disaster.
This would touch a new low before in the first half of 2025.
Nykaa se KhalNykaa !!
NYKAA - A good buy with targets of 175NYKAA - A good buy with targets below
Targets
T1 - 176
T2 - 180
T3 -190
SL - 162
NYKAA - Downside View - Educational Purpose Only!This is a trap move to make retail traders bullish on this stock. Dont enter longs.
Note: Educational Purpose only!
Strong bounce from support NYKAANSE:NYKAA
Recently big names bought in
Relative strength
Strong support
Above the triangle breakout
Buy for target of 235 and above
SL: Honestly go without SL and keep adding, but if you want to you can have 178 as SL
NYKAAOn this chart, there are lines called "Fibonacci retrenchment levels," which help predict where the price might go up or down.
Here's the simple breakdown:
The chart shows different levels where the price could stop and change direction. These levels are like markers on the chart.
The blue arrow on the chart suggests that the price might go up.
There's also a note saying that the price might increase.
In short, the chart is trying to predict that the price will go up and shows some important points where it might change direction. If you have any specific questions, feel free to ask!
this can be a false breakdown NSE:NYKAA the break is not reflected in the rsi that means there is hesitation for sellers this should be a false break down however 140/150 is next support zone my own strategy is to accumulate on dips for investment as for reasons to do so one can comment and know my reasons
Nykaa Short term target to 205Based on current pattern Nykaa has short term potential to reach 205 with following stages.
190 - 200 - 205
Go long in NYKAA above 176We have noticed down a good level breakout in NYKAA. If it closes above 176 on hourly frame then we can expect targets of 180, 191 & 201 on the upper side.
NykaaTrade Setup:
- crossed resistance of 210 INR and sustained on weekly basis (price trading at support levels).
- 20 EMA crossed (or is above) 50 EMA on weekly basis, and the EMA's are steep in upward direction.
- RSI > 50
- RS is positive (>0)
Buy price = CMP (215 INR). Add on drips until near 50 EMA
Stop loss = trendline
Target = 310 INR
Nykka Nykka had created 3 inside and inside candel as you can see it ass we now this is in up trend by seeing ema it 9,20 on the chart .
We will trade for short term on the upper side of the big candel break with good volume and good canel .
As there is more sellers in that area we can see in the volume and target will be upper line and the stop losss will be bellow demand area
NYKAAFSN E COMMERCE VENTURE has breakout round bottom pattern breakout TGT up to 40%
this is just for educational purpose
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Register adviser, please take advise from your financial adviser before investing in any stocks.
Stock has given break out buy above the High and do not forget to keep stop loss best suitable for swing trading. Keep this stock in watch list.
Target and Stop loss Shown on Chart.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
NYKAAnykaa formed ascending triangle and giving breakout after 1.5years buy at 200 cmp sl-16
5 and
tgts of 312
Nykaa, mutual funds bought Recently icic mutual fund bought, 4jul
Now again some activities see yesterday, heavy buying more then 70% quantity delevery.
Nyka result also improving.
Buy NYKAABreakout - Triangle pattern
Increase in institutional holdings
One of the IPOs who's yet to outperform index from long time
What's Cooking here - NYKAA!I can't interpret fundamentally what's going on with Nykaa. But the technicals are signaling the strong turn-around story.
Also the trend of DIIs or MFs increasing the stake in NSE:NYKAA and the price is still under consolidation boosts the confidence of ENTRY.
From Dec 2022 to Till date DIIs are constantly buying the NYKAA around the current price range.
---------- Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022
Promoter 52.2% | 52.2% | 52.3% | 52.3% | 52.3% | 52.3%
FII 10.3% | 10.7% | 9.8% | 10.0% | 12.3% | 11.1%
DII 17.2% | 15.3% | 14.3% | 11.6% | 7.9% | 6.4%
Nykaa - Mid / Long Term Investment Pick*Nykaa CMP - 177*
Buy Range 175 - 180 ONLY
Target 1 - 187
Target 2 - 200
Target 3 - 220 +
Long Term Target - 420
Disclaimer: This is my view and for educational purpose only. Trade according to your risk and am not responsible for your loss.
