Description
⋅ We can see a very good buying opportunity in NAZARA TECHNOLOGIES.
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 Comment
⋅ Price is in consolidation phase.
It is holding onto the support levels.
HOLD !!
Comment
⋅ 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.