In the Weekly Chart of NAZARA , we can see that, after the breakdown from support it has now formed a Hammer candle. Expected momentums are shown in chart.
NAZARA is great opportunity for the buy side for longterm such a nice trade after forming reversal formation & has corrective phase for a movement to the upside. Expecting Target at 1700
In the Weekly Chart of NAZARA , we can see that, it is retesting the previous support. we can have an entry if it creates a Hammer candle or W shape recovery.
NAZARA breaking out of weekly base, volumes are encouraging and next level where overhead supply might kick in with force could be around 1350. Keep an eye on market sentiment, it ideally should be in our favor while taking a position if one likes the setup. Keeping in watchlist for now. :)
On daily chart stock is holding good support level around 830 levels..longs can be considered with SL 830-820 on daily CB for target of new ATH, with 1:2.5 RR Kindly do your analysis before initiating trade.
📊 DETAILS Sector: Software Mkt Cap: 6,885 cr Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems. TTM PE : -- ...
Nazara is a company which develops gaming software. Stock has given good volume breakout from a strong resistance zone. Immediate resistance is 1000 above which stock will fly. As i said, keep this stock in your nazar(watchlist) Risky traders can enter as per my levels for better risk reward. Do follow me if you like my analysis!
-After triangle breakout retest also done -now squeezed in a small zone which is good for next move -rise in volume along with rsi shows strength -above all major EMA & SMA -keep in radar it can give good return in short term
The stock has changed its trend from down trend to UP trend and there is a lot of room left on it. with huge volume
Weekly breakout of rounding pattern stock best for mutualfund and SIP
NSE:NAZARA CMP: 685.85 Reason for Trade : WEEKLY BO Entry : Cmp or near Support 930 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page are for the...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Nazara technologies broke from consolidating range and is on upward journey from Current levels.
Introduction: NAZARA has been an interesting play lately, attempting to break through resistance not once, but twice. After two unsuccessful attempts, there are strong indications that the stock is gearing up for a breakthrough on its third try. Additionally, the weekly timeframe is showing signs of an uptrend, adding to the bullish sentiment. Key Points: 1....
NAZARA technologies is looking for a great buying opportunity for longterm and has the descending channel Lined up with the double bottom formation and has a potential movement to the upside.
The script can give a Breakout soon ...The script is also a major player in the Gaming Industry. Though the industry is at a nascent stage, it presents a good opportunity. The stock can be accumulated at dips too for long.
👉 Cheat entry near 875 🔘 Contraction for 2 weeks 🔘 Clustered EMAs 🔘 Pocket Pivot volume Ready for 4-month base breakout near 52-week High with an SL of 3% Going good 💪
Improving Fundamentals Higher Highs and Higher lows Make in India opportunity in gaming industry Target 1341 Sl 732 Cmp 858