NYKAA - Weekly AnalysisIn the Weekly Chart of NYKAA ,
we can see that; it had Multiple rejections at 175 level.
Wait for a Halt or retrace candle and then enter with SL and Targets.
Expected momentum is shared in chart.
NYKAA trade ideas
NAYKAA - TECHNICAL analysis - weekly 🇮🇳#nykaa was founded in 2012 by Falguni Nayar, a former managing director at #kotak Mahindra Capital Company. The company's name is derived from the Sanskrit word "Nayaka," meaning actress or "one in the spotlight," symbolizing the celebration of every woman.
Here's an 📉chart overview based on available information:
NYKAA TRYING TO BREAK TREND LINENYKAA
Stock is at very important junction. If we look at daily chart, price is trying to break trend line.
Monthly, Weekly and Daily RSI is also confirming uptrend. Keep it in your watch list.
Entry - Successful closing above trend line in daily timeframe.
Target - 230 to 250
NYKAA 1HRSWING TRADE
- EARN WITH ME DAILY 10K-20K –
NYKAA Looking good for Downside..
When it break level 163.76 and sustain.. it will go Downside...
SELL @ 163.76
Target
1st 159.35
2nd 154.62
FNO
NYKAA DEC FUT – LOT 9 (Qty-26550)
NYKAA DEC 175 PE – LOT 7 (Qty-26550) – PRICE (7.90)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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NYKAA - trendline and Range Breakdown - POC at 147NYKAA is trading between the POC levels (230 and 150), volume profile and POC lines are marked in the chart.
Trendline break and range breakdown is visible.
Ideally, price should take support at the lower range POC at 147.. Lets see how the pricing unfolds.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Education purpose only - NykaaStock is in consolidating range...
once it Broken out...
it should test the next resistance..
let see..
Nykaa analysis!Here are the key elements on the chart:
On this chart, there are lines called "Fibonacci retracement levels," which help predict where the price might go up or down.
Here's the simple breakdown:
The chart shows different levels where the price could stop and change direction. These levels are like markers on the chart.
The blue arrow on the chart suggests that the price might go up.
There's also a note saying that the price might increase by about 20.89% over the next 60 days.
In short, the chart is trying to predict that the price will go up and shows some important points where it might change direction. If you have any specific questions, feel free to ask!
Strong buy : Double screen setupHere’s my analysis : RSI and Stochastic indicators are signaling a strong buy, with a clear Inverted Head & Shoulder breakout. The chart highlights the target areas. Please remember, this is shared solely for educational purposes in technical analysis. Thanks for checking it out, and follow me for more insights!
This is not a trade signal or call. I’m sharing my technical analysis purely for educational purposes, aiming to improve my own skills and to provide insights into technical analysis for anyone interested. Use this information responsibly and make trading decisions at your own discretion
Day Timeframe : MACD - RSI - Stoch = Strong buy
Daily - RSI & Stoch = Strong Buy
Candle - Bullish Candle
Volume - Above Average
EMA - Positive Crossover
Chart Pattren - Inverted head & shoulder
FIB Retricement - N/a
Divergence - N/A
NykaaSymmetrical triangle breakout done. Also retested the breakout point. It's headed higher towards 300. Recently big investors entered the stock which created record volumes
nykaa rounding bottom patternWith Volume confirmation , and block deals On NYKAA cmp 209 can give 25% from here.
NYKAA
We highlighted the change in trend around June 2023.
Currently, price has cleared its underbelly resistance of 200.
The volume has also been high on the breakout, suggesting that the on-going uptrend is likely to continue.
Price is now likely to head to 300.
Bullish outlook remains valid as long as price is above 175.
NYKAA - Ready for reversal - 33% upside potentialPrice Analysis & Overview:
1. Channel BO with exceptional volume spike.
2. Price structure is bullish.
3. Strength is still not very convincing for me.
4. I will wait for more PA to form and maybe enter on a retracement or pullback.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Nykaa - Channel BreakoutNykaa :
Channel Breakout Done
Looks great for further upmove
Resistance zone around 247 levels
NYKAA going to boom; Min 40 % ROI; Swing Traders, Take a lookHuge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
Follow for regular updates.✌️
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Wait for small retracement & daily candle to close above - "226"
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If you are interested in investment now, go for it with proper risk,
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Enter after market close above
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.
NYKAA: For Trading ka ZaikaaTake entry at 145
Next average at 123
short term target 161
6 months target 203Rs
This counter is in the uptrend from 114 level and due to block deals this trend should be continue.
Too much corrected from its high. So just enter in it
"Agar Chahiye aapko trading me Zaika to aaj hi le lo NYkaa."
NYKAADate 19.08.2024
Fsn E-Commerce Ventures Ltd
NSE: NYKAA
Timeframe : Weekly
Remarks : Technically rounding bottom + legends like Warren buffett & Relaince are entering in to cosmetic business & overall positive outlook for sector
Regards,
Ankur
NYKAA(FSN E-Commerce) A PIC. PERFECT DARVAS BOXES BREAKOUT FSN E-Commerce Ventures Ltd. is an interesting chart with following
1. RSI on daily and weekly above 60
2. Price consolidating in picture perfect "DARVAS BOXES" on weekly chart
3. It consolidated in first box from jan-2023 to nov 2023 and
4. Then consolidated in second box from Nov-23 to July 2023
5. Made Breakout from Second Box with high volume
6. ABCD pattern under formation on weekly chart
7. Narrowing Bollinger Bands on weekly chart
Fundamentally Working capital cycle of company has improved from 81 days to 56-57 days
Can be a good risk reward option with buy on dips and dips only with support near 175-182 zone
Lets see How it evolves from here further
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Nykaa Share Looking good Market Cap
₹ 57,174 Cr.
Current Price
₹ 200
High / Low
₹ 204 / 130
Stock P/E
1,772
Book Value
₹ 4.42
Dividend Yield
0.00 %
ROCE
6.84 %
ROE
2.44 %
Face Value
₹ 1.00
Debt
₹ 969 Cr.
OPM
5.42 %
Promoter holding
52.2 %
Sales growth
24.1 %
Profit growth
67.6 %
Industry PE
44.5
Pledged percentage
0.00 %
Reserves
₹ 977 Cr.
Sales growth 5Years
41.9 %
Profit Var 5Yrs
27.1 %
Return over 6months
24.0 %
High price all time
₹ 429
Working capital
₹ 1,224 Cr
NYKAA : Decent breakout with good volume accumulationNYKAA is showing good momentum breakout of previous resistance.
🔰 It can rise upto the ipo highs in near future.
🟩 Range : 190-200
🎯 Target : 240 / 300 / 400
🛑 Stop : below 145 (wcb)
⚠️ Disclaimer : This is not a buy/sell recommendation. It's only a view for an educational purposes.
