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Lovelesh Sharma

15th Jul · SEBI-Registered Analyst

NYKAA
- Strong Momentum

NYKAA
continues to respect a strong higher high–higher low structure, reflecting sustained buying interest. Momentum remains firmly positive, with the bullish MACD crossover supporting the ongoing uptrend after a sharp breakout. As long as the stock holds above recent breakout levels, the broader trend remains positive, while any short-term dips could be viewed as opportunities within the prevailing uptrend.

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