Nazara Tech _ consolidating from past three months

Nazara Tech consolidating from past three month, 4th Jan'22 candle was a gap fill attempt created on 2nd Nov'21.

Support at Fib 0.382 and currently price above moving average 21 & 55 with resistance of Rs 2530.

Correct entry will be above Rs 2550 with Target of Rs 2940 & Rs 3350 and Stop Loss will be Rs 2300.

Thanks

Disclaimer: Consult your financial advisor for trading, investing and risk management

Trade active:

Breakout !!

Trade closed: stop reached:

:-(