Nazara tech after a long accumulation pattern have ready to move to stage 2 B1 inside bars with low volume after 900 ,levels upto 1000 could be seen in a short period of time sister stocks are setting up nicely base formation with good volumes company with a good balance sheet.
Nazara Technologies Ltd. is the leading Indian diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America. It offers interactive gaming, eSports and gamified early learning ecosystems. Nazara Technologies CMP is 813.60.
The Negative aspects of the company are High...
NSE:NAZARA has given a breakout and sustained above 565. My idea is to take entry at 565 with stop loss of 510 (-55 Points).
My expected up side target will be 697 (+132 Points).
Note: This is my personal analysis, only for learning. Thanks.
Best level to take entry on NSE:NAZARA is 543 with Stop Loss of 443. My targets will be 696, 754 & 930. It could be best low risk and high reward investment.
Note: This is my personal analysis, only for learning. Thanks.
During the week ending 1-4-22, Nifty hit a high of 17703 which is a great recovery from the lows of 15671 hit in the month of March 2022. A 1,000+ points recovery within a short period of time indicates that the overall market sentiment is bullish and should the global situations improve, Nifty may well be on its way to cross to 18000 and thereafter the retest of...
Whenever candle forms small body continuously for few days is a sign need to study a chart specially share like Nazara, 3,8 Nov was seen candle with comparatively high volume then recent few days, currently below ema50, anytime takes support of ema50 and ema20 and breaks level of 2414 can seek a quick 1st target of 2520-2630.
Long in NAZARA after giving head and shoulders pattern breakout with trendline breakout.
can buy when closing above 1630 after trendline break
target 1798 the closing above 1800 it can give target of 1898
sl 1572
retest is still pending.
Also can take long in this as gaming industry is the biggest. more than compared to music and flim industry combined.
