NYKAA

Jun 18, 2023

• The stock has cleared its downsloping trendline and the 50% FR level resistance, suggesting signs of strength.
  
• Weekly RSI also shows similar strength by clearing its past peaks.
  
• Further confirmation of strength would come when stock clears 160.
  
• Higher resistance levels placed at 200 and 330.
  
• Bullish outlook remains valid as long as price sustains 120.
  

Aug 26, 2024

Note

Stock has cleared its resistance of 200, further confirming up-trend by maintaining a higher top higher bottom pattern. Stock is already up 50% from the day we highlighted a change in trend.