johntradingwick

Nykaa - Important support/resistance levels

NSE:NYKAA   FSN E COMMERCE VENTURES
Key highlights:

- Nykaa is still about 40% down from the ATH
- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- Nearest flip zone: 1535-1570
- Higher flip level: 1907
- All-Time low (Untested): 1309

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
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