NYKAA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.1

Here’s a detailed technical analysis of FSN E-Commerce Ventures Ltd (NYKAA)

📈 Trend Analysis

Current Price (₹246) is just below its 52-week high (₹249) and well above both 50-DMA (₹225) and 200-DMA (₹200) — indicating a strong bullish trend.

52-week Index at 96.3% confirms the stock is trading near its yearly peak.

Trend Status: Trending upward, with signs of breakout continuation.

🔍 Momentum Indicators

RSI (67.7): Approaching overbought zone, suggesting strong momentum but caution for short-term pullback.

MACD (6.59): Positive and rising — confirms bullish crossover and momentum continuation.

Volume: At 33.7L, slightly below 1-week average (44.8L) — indicates momentum is slowing, but still healthy.

📊 Chart Patterns & Moving Averages

Golden Cross: Price above both 50-DMA and 200-DMA — a bullish signal.

Support Levels

₹225 (50-DMA)

₹210 (recent swing low)

Resistance Levels

₹249 (52-week high)

₹260 (psychological round number resistance)

📉 Bollinger Bands

Price is near the upper band, suggesting short-term overextension.

Bands are expanding, indicating volatility and strength in the current move.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 225–230 Near 50-DMA, ideal pullback zone

Exit (Short-Term) 249–260 Resistance zone, potential reversal

Stop Loss 210 Below swing low and trendline

🧭 Summary

Trend: Bullish

Momentum: Strong, nearing overbought

Volatility: High, with breakout potential

Ideal Strategy: Buy on dips near ₹225–₹230 with target ₹249–₹260. Monitor RSI and volume for signs of exhaustion or continuation.

Would you like to compare this setup with other e-commerce or consumer tech stocks for sector rotation insights?

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