FOR LEARNING PURPOSE
NAZARA TECH LTD - The current price of NAZARA TECH LTD is 1385.10 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone of 4 year and it's trying to go for new ATH
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The stock belongs to a sector which is trying its best to be strong and probably it can do great in coming days.
6. The stock has done almost nothing in last 5 years (approx) and it has acted as a laggard (many stocks have made ATH much back but this stock has gone down after its IPO. Initially it went up a bit but then it was all down move)
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 1212 rupees
I will be managing my risk.
NAZARA TECH LTD - The current price of NAZARA TECH LTD is 1385.10 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone of 4 year and it's trying to go for new ATH
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The stock belongs to a sector which is trying its best to be strong and probably it can do great in coming days.
6. The stock has done almost nothing in last 5 years (approx) and it has acted as a laggard (many stocks have made ATH much back but this stock has gone down after its IPO. Initially it went up a bit but then it was all down move)
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 1212 rupees
I will be managing my risk.
Trade With Bhushan
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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.
Trade With Bhushan
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.