NYKAA Looking Good For Reversal Targets 400 long termNYKAA Looking Good For Reversal
Targets 400+ long term
Taken support from strong fibo zone
consolidated on support
Broken out consolidation with good candle
NYKAA trade ideas
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NYKAA, just getting started!Got clarity since my initial idea (linked below) on January 12, 2024 .
The alternative view presented there played out.
For now price seems to be in wave 1 of larger degree wave 3.
Break above red wave 1 high @ 195.50 and thereafter an impulsive break of the base channel will give more confidence to this idea.
Shall update the idea as price develops further.
Thanks for reading!
NYKAA - Swing Trade IdeaNykaa Looks Technically bullish in Daily and Weekly Timeframe. Wait for Daily Candle to close above 169 and Enter. And Also looks good for Positional Trade as well.
T1 - 175
T2 - 180
T3 (Positional) - 200 (if the Daily candle close above 186)
SL - As per ur Risk management, Suggested 165 - 156
This is not an Investment recommendation, just for Educational purposes kindly do ur Own analyse trade accordingly.
Ready to Fly $NSE:NYKAAI Hope this message finds you well. I wanted to provide you with an update on the stock NSE:NYKAA I Have been following. The stock has recently taken support at a key level 157-160 , indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Support Level- 157-160
Entry Point- 155-158
Stop Loss Point- 145
Target Point- 180,195,210
Time Frame - 6-9 Months
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
Please note that investing always involves risks, and it's crucial to conduct your research or consult with a financial advisor before making any decisions. These suggestions are based on the information available up to this point and are subject to market fluctuations.
Thank you for entrusting us with your investments. I remain committed to helping you make informed decisions.
NYKAATechnical Data
1.Accumulation Phase of About 1 Year
2.Increased Volume during Accumulation Phase
3.Big Breakout on Weekly TF with Big Volume
4. Retest of This phase is also done
5. Price Respected Breakout zone of 150-155
6. Rejection & Buying Confirmed on Weekly TF
Fundamental Data Analysis
1.Company is posting Increased Quarterly Results
2.Fundamentals & Company management is strong
3.Big Institutions also increasing stakes continuously
4. Kind of monopoly listed player in Market
(Study BSE for monopoly listed player)
5. Consistently growing business & market share
Buy at CMP @155-157
SL- @135
Target 1-310 (100% Returns)
Target 2 - 410 (More than 150%)
Time Period- Next 6-12 Months
SWing trades BUY NYKAA @ 150.85 Quanity
Today, I bought Nykaa. Nykaa took support at ₹141.15 and exhibited support within a channel pattern both technically and fundamentally.
EXPECTED IMPORTANT DIRECTIONAL LEVELS FOR THE YEAR 2024NSE:NYKAA Hey Folks..!
I have marked all the important directional level for this year.
All the levels have the description, Bullish movements is expected in bullish range and Downside is expected in the bearish range.
Use the levels either Standalone or Club these levels with your existing trading style & strategy it will surely give you an edge.
If in case at any point of time NYKAA goes beyond these levels then i will either post additional levels in as an update or i will republish the idea with more levels.
Rules are simple , Short trades can work well in the Red / Bearish ranges whereas Long trades can work well in the Bullish ranges.
Also, i have changed the colour combination of the chart along with the candle colour now green candle are white and red candles are black.
All the Best Folks ! Stay tuned for updates.
NYKAA - 1 YEAR OF REASISTANCE BREAKOUTEntry Given Now
Can enter at CMP - 161
SL - 135
Targets - 215,310,410+
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
NYKAA Positional PickNykaa looks positive..
Please refer the levels for more Info
Please consult your financial advisor before investing
All research for educational purposes only.
SWING IDEA - NYKAA (FSN E-COMMERCE VENTURES)This study involves a meticulous examination of historical price patterns, chart formations, and key technical indicators that collectively point towards an opportune moment for investors in NYKAA .
Reasons are stated below :
The 155 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting those levels.
50EMA and 200EMA support on daily timeframe.
Doji candle on weekly timeframe.
0.382 Fibonacci support.
Broke strong consolidation of 1year.
Target - 194 // 224 // 247
StopLoss - Daily close below 153
Nykaa, bulls seem to be in control!Bulls seem to be in control for Nykaa.
This is a very aggressive bullish EW count with a series of 1-2 1-2 nests.
Alternatively, it can also be counted as a 5 wave up (with no nests) shown as the red count. However, this alternate count will still not change the bullish case.
Will update the count as it develops.
This is definitely on chart to keep an eye on.
Thanks for reading!
NYKAA daily timeframe analysis for long term
NSE:NYKAA has given breakout to 158 consolidated Resistance level.
We can see long term move above 156 with SL of 150 and can average till 155.
Major targets levels are highlighted in blue lines.
NYKAA LONGConsolidation zone .
Once breaks, 225 315 can be seen
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
NYKAA can be TURNAROUND STOCKCMP 152
SL 136
TARGET 190
Consolidating in range 120 -154....will be box breakout above 154
also formation of higher lows and after falling from 151...so range getting compressed and small...also ascending triangle pattern visible ....therfore can be good risk reward ratio here..
keep quantity small and increase after 154 breakout...
NYKAA LOOKING GOOD FOR LONG Nykaa looking good for long for atleast 10-15%. this stock has been accumulating for long we can see good up move
NYKAA- AnalysisNYKAA- Analysis
Buy zone 170 to 180
Safe investment above 232
Expected Major targets - 247 then 332 then 429
Expected minor targets - 230 to 232, then 294 to297then 367 to 370 then 448 to 451
Stop loss - Closing below - 126 or 115
Safe investor stop loss - Closing below 170.
Approx time frame 12 to 18 months
Please do your due diligence before trading or investment.
*Comment or message me if you wish to see my analysis for any stocks.
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Inverse Head & Shoulder pattern in NykaaAn inverted head and shoulder pattern is a significant technical analysis pattern commonly used in financial markets to identify potential trend reversals. Traders and investors widely recognize this pattern as it often signals a shift from a downtrend to an uptrend.
FSN E NYKAAsince ipo open it is going continously down now it is forming bottom pattern and giving break out with gud volume. also supported by key moving average 20 & 200 MA.
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
BO in Nykaain the chart we can see clearly BO on WCLBS
CMP 166
Traget - 220/240
Stoploss- 140
RRR is 1:3
RRR wise gud luking gud in the chart .
Not a recommendation only study pupose
NYKAA - Swing Long - T@ 200NYKAA appears to be bottoming out.
Opportunity to Swing Long.
Target 1 @ 200
300 targetNykaa is making a curvy up that will target making a circle and in this will result in 3x target.
Fii dii etc buying
