Nykaa is forming a small triangle, trade in the direction of breakout. Triangles are neutral chart patterns and hence, should be traded only after a breakout in either direction. Lines are marked for better understanding of the structure.
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)