Nazara Tech: Weekly Rounding Bottom Breakout with Volume!
🚀 Nazara Tech: Weekly Rounding Bottom Breakout with Volume! 🚀
Current Market Price: 1049
Stop Loss: 890
Targets: 1218, 1390
Nazara Tech is showing signs of a bullish breakout from a weekly rounding bottom pattern, supported by strong volume. The stock has begun a Fibonacci reversal with a solid close above the 38% level, and base consolidation has occurred around the 900 support mark. If Nazara Tech closes above 1218 (62% Fibonacci level), it will confirm the continuation of an uptrend.
📉 Risk Management: Ensure to manage your risk with a stop loss at 890.
📊 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#MarketAnalysis #NazaraTech #TechnicalAnalysis #RoundingBottom #Breakout #InvestmentOpportunities #FibonacciLevels
Current Market Price: 1049
Stop Loss: 890
Targets: 1218, 1390
Nazara Tech is showing signs of a bullish breakout from a weekly rounding bottom pattern, supported by strong volume. The stock has begun a Fibonacci reversal with a solid close above the 38% level, and base consolidation has occurred around the 900 support mark. If Nazara Tech closes above 1218 (62% Fibonacci level), it will confirm the continuation of an uptrend.
📉 Risk Management: Ensure to manage your risk with a stop loss at 890.
📊 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#MarketAnalysis #NazaraTech #TechnicalAnalysis #RoundingBottom #Breakout #InvestmentOpportunities #FibonacciLevels
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