Long
Nuvama
The current market price (LTP) for Nuvama Wealth Management Ltd (NUVAMA) is ₹1342.00, showing a positive intraday movement of approximately 0.96%.The setup you described aligns with a bullish Cup and Handle formation, which is typically used to identify trend continuations or reversals.
Technical Setup Overview
Target: ₹1550
Stop Loss: ₹1290
(matches current 50-DMA support near ₹1293.89)
Current RSI: 54.0, which is above the 50-mark threshold, indicating positive momentum.
Open Interest (OI): Open Interest has seen significant activity, though recent reports noted a -12.94% change, totaling 12,65,000 in the derivatives segment.
Technical Setup Overview
Target: ₹1550
Stop Loss: ₹1290
(matches current 50-DMA support near ₹1293.89)
Current RSI: 54.0, which is above the 50-mark threshold, indicating positive momentum.
Open Interest (OI): Open Interest has seen significant activity, though recent reports noted a -12.94% change, totaling 12,65,000 in the derivatives segment.
Trade fechado: objetivo atingido
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.