NYKAA might be forming double bottom
Updated
Nykaa share has been under constant beating from its listing.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
Comment
This might blast soon.Today, strong volume at support is seen.
Comment
Going good!131.7 from 122.6(closing of 28th april)
Comment
Today's high is 138.9Trade closed: target reached
150+ seen in this stock.155-160 is a supply zone after which the stock can rally upto 180.
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