Nazara Tech: Weekly Rounding Bottom Breakout with Volume!
🚀 Nazara Tech: Weekly Rounding Bottom Breakout with Volume! 🚀
Current Market Price: 1049
Stop Loss: 890
Targets: 1218, 1390
Nazara Tech is showing signs of a bullish breakout from a weekly rounding bottom pattern, supported by strong volume. The stock has begun a Fibonacci reversal with a solid close above the 38% level, and base consolidation has occurred around the 900 support mark. If Nazara Tech closes above 1218 (62% Fibonacci level), it will confirm the continuation of an uptrend.
📉 Risk Management: Ensure to manage your risk with a stop loss at 890.
📊 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#MarketAnalysis #NazaraTech #TechnicalAnalysis #RoundingBottom #Breakout #InvestmentOpportunities #FibonacciLevels
Current Market Price: 1049
Stop Loss: 890
Targets: 1218, 1390
Nazara Tech is showing signs of a bullish breakout from a weekly rounding bottom pattern, supported by strong volume. The stock has begun a Fibonacci reversal with a solid close above the 38% level, and base consolidation has occurred around the 900 support mark. If Nazara Tech closes above 1218 (62% Fibonacci level), it will confirm the continuation of an uptrend.
📉 Risk Management: Ensure to manage your risk with a stop loss at 890.
📊 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#MarketAnalysis #NazaraTech #TechnicalAnalysis #RoundingBottom #Breakout #InvestmentOpportunities #FibonacciLevels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.