NYKAA might be forming double bottom
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Nykaa share has been under constant beating from its listing.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
Kommentar
This might blast soon.Today, strong volume at support is seen.
Kommentar
Going good!131.7 from 122.6(closing of 28th april)
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Today's high is 138.9Trade geschlossen: Ziel wurde erreicht
150+ seen in this stock.155-160 is a supply zone after which the stock can rally upto 180.
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