NYKAA - Ready for reversal - 33% upside potential
Price 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
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
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