SagarSahajwani

NYKAA Investment Idea

Long
NSE:NYKAA   FSN E COMMERCE VENTURES
Nykaa has changed its trend from bearish to bullish on weekly time frame(mid-term). It is continuously sustaining above all its key moving averages. I am buying it in the range of 165-175. The targets are mentioned in the chart. Stop Loss is Rs. 150 on weekly closing basis. Mutual funds have increased their stake too in this counter.
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