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Prasenjit Sarkar

28th May 2025 · SEBI-Registered Analyst

Watch out for the price action in
NYKAA

NYKAA
yet to produce it's quarterly and annual result and talking about the price action in the chart, it seems to be trading within a range in a slow upside momentum, if said consolidation won't be wrong. The price forecast in something like that if it produces outstanding result, we might see a spike in prices or else if it misses market's expectation we might see some more consolidation. Our analysis suggests, there would be Net annual profit of ~70% the preceding year.

#WatchOutFor#FundamentalViews#TechnicalViews#EquityResearch
NYKAA 28th MAY.png
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