NYKAA - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.9

📊 Intraday Trading Analysis — NYKAA

✅ Bullish Setup Highlights

Momentum Indicators: RSI at 67.7 and MACD at 6.59 suggest strong bullish momentum, nearing overbought territory — ideal for breakout scalping.

Price Action: Trading at ₹246, just ₹3 below its 52-week high of ₹249 — breakout potential is high.

Trend Strength: Price is well above both 50-DMA (₹225) and 200-DMA (₹200), confirming short-term strength.

FII Sentiment: Strong uptick (+2.80%) in FII holdings — institutional support is a positive sign.

⚠️ Risk Factors

Valuation: P/E of 1,032 and PEG of -511 — extremely overvalued and distorted growth metrics.

Fundamentals: ROCE (6.25%) and ROE (6.10%) are weak; quarterly profit dropped 11.6% (₹14.6 Cr. → ₹12.9 Cr.).

Volume: Current volume (33.68 lakh) is below 1-week average (44.88 lakh) — suggests reduced intraday interest.

DII Sentiment: Decline of 1.56% in DII holdings — some caution from domestic institutions.

📈 Intraday Strategy

🔹 If Entering Fresh Today

Buy Zone: ₹244–₹246 (just below breakout level, ideal for momentum entry)

Profit Targets

Target 1: ₹251 (initial breakout extension)

Target 2: ₹256 (if volume spikes and RSI crosses 70)

Stop-Loss: ₹239 (below VWAP and psychological support)

🔹 If Already Holding

Exit on Weakness

Price fails to hold above ₹244 and RSI dips below 65

MACD flattens or shows bearish divergence

Exit on Strength

Price breaks ₹249 with volume >1.5x average and RSI >70

Trail stop-loss upward to ₹246 once ₹251 is breached

🧠 Final Take

NYKAA is a moderately strong intraday candidate today, especially for breakout traders. While valuation and fundamentals raise caution, technical momentum and proximity to 52-week highs offer tactical opportunity.

Let me know if you'd like to track breakout levels or set up a trailing stop strategy!

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