Nykaa has been continuously falling ever since its listing at a very over priced valuation. Everyone was bullish on it back then but no one thought about the risks that would be there if one were to get in at such a high valuation. Well past is in the past and now there are chances that this share might bottom out here. Wait for a reversal before buying.

Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)

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