NYKAA might be forming double bottom
Nykaa share has been under constant beating from its listing.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
Komentarz:
Going good!
131.7 from 122.6(closing of 28th april)
131.7 from 122.6(closing of 28th april)
Komentarz:
Today's high is 138.9
Transakcja zamknięta: osiągnięto wyznaczony cel:
150+ seen in this stock.
155-160 is a supply zone after which the stock can rally upto 180.
155-160 is a supply zone after which the stock can rally upto 180.
Today, strong volume at support is seen.