SWING IDEA - NAZARA TECHNOLOGIES
Updated
We can see a very good buying opportunity in NAZARA TECHNOLOGIES.
The reasons are stated below :
Targets - 926 // 1066 // 1345 // 1681
StopLoss - 730 on closing basis
The reasons are stated below :
- 750-770 zone was tested multiple times and finally it broke and is now retesting it
- 0.382 Fibonacci support
- Price action formation - higher highs
- Double bottom pattern on higher timeframe (500 zone)
Targets - 926 // 1066 // 1345 // 1681
StopLoss - 730 on closing basis
Note
Price is in consolidation phase.It is holding onto the support levels.
HOLD !!
Note
We are currently up by 9.3% from buying price. We can hold this for target.Trade closed: target reached
1st target achieved.We got 17.8% and stock made a high of 26% from our buying price.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.