📈 Current Price & Setup
NUVAMA is trading around ₹7,480–7,550 lately.
Over the past 52 weeks the stock’s range is roughly ₹4,735 (low) to ₹8,508 (high).
🔎 Technical Outlook (1‑day timeframe)
On daily chart indicators (moving averages + oscillators), many third‑party sources mark NUVAMA as a “Strong Buy” today.
Short‑term technical bias appears bullish, with recent momentum favouring upside over downside.
⚠️ Important Considerations & Fundamentals
The company’s valuations appear relatively rich: the price‑to‑book (P/B) ratio is elevated.
Promoter pledge status is non‑trivial — as per recent data, a significant portion of promoter holding is pledged.
As always: on a 1‑day timeframe the stock can be volatile — technical signals are strong, but broader market conditions (macro, sector sentiment, news, flows) will matter a lot.
NUVAMA is trading around ₹7,480–7,550 lately.
Over the past 52 weeks the stock’s range is roughly ₹4,735 (low) to ₹8,508 (high).
🔎 Technical Outlook (1‑day timeframe)
On daily chart indicators (moving averages + oscillators), many third‑party sources mark NUVAMA as a “Strong Buy” today.
Short‑term technical bias appears bullish, with recent momentum favouring upside over downside.
⚠️ Important Considerations & Fundamentals
The company’s valuations appear relatively rich: the price‑to‑book (P/B) ratio is elevated.
Promoter pledge status is non‑trivial — as per recent data, a significant portion of promoter holding is pledged.
As always: on a 1‑day timeframe the stock can be volatile — technical signals are strong, but broader market conditions (macro, sector sentiment, news, flows) will matter a lot.
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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.
Related publications
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.